Advertisement
UK markets closed

  • FTSE 100

    7,895.85
    +18.80 (+0.24%)
     

  • FTSE 250

    19,391.30
    -59.37 (-0.31%)
     

  • AIM

    745.67
    +0.38 (+0.05%)
     

  • GBP/EUR

    1.1607
    -0.0076 (-0.65%)
     

  • GBP/USD

    1.2370
    -0.0068 (-0.55%)
     

  • Bitcoin GBP

    51,730.82
    +1,739.42 (+3.48%)
     

  • CMC Crypto 200

    1,371.97
    +59.34 (+4.52%)
     

  • S&P 500

    4,967.23
    -43.89 (-0.88%)
     

  • DOW

    37,986.40
    +211.02 (+0.56%)
     

  • CRUDE OIL

    83.24
    +0.51 (+0.62%)
     

  • GOLD FUTURES

    2,406.70
    +8.70 (+0.36%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

  • HANG SENG

    16,224.14
    -161.73 (-0.99%)
     

  • DAX

    17,737.36
    -100.04 (-0.56%)
     

  • CAC 40

    8,022.41
    -0.85 (-0.01%)
     
Property:

11 beautiful homes with glorious garden rooms

Investing in a home with a garden room will enable you to enjoy your outside space whatever the weather

Indonesia's First Media aims to select buyer of Link Net stake in Aug

Reuters - UK Focus

JAKARTA, July 3 (Reuters) - Indonesia's PT First Media Tbk , the media arm of Lippo Group, hopes to decide the buyer of a stake in internet services provider PT Link Net Tbk in August, its director said on Friday.

As of March, First Media owned 33.82 percent of Link Net, while a unit of CVC Capital Partners held 33.45 percent, according to Thomson Reuters data.

First Media Director Richard Kartawijaya declined to disclose what stake it was selling but said the company still hoped to retain control of Link Net.

Indonesia's PT Indosat Tbk (Other OTC: PTITF - news) and PT Media Nusantara Citra Tbk were separately looking at the possibility of buying a stake in Link Net, company executives told Reuters last month. (Reporting by Cindy Silviana; Writing by Eveline Danubrata; Editing by Alan Raybould)