Announced

ADIA and APG to acquire two toll roads in Indonesia from Indonesia Investment Authority for $1.4bn.

Synopsis

ADIA, a sovereign wealth fund, and APG, an investment management firm, agreed to acquire two toll roads in Indonesia from Indonesia Investment Authority, for $1.4bn. “This investment not only solidifies our toll road platform with APG and Adia, it also expands our asset base, establishing a scalable investment platform that opens new avenues for economic opportunities,” Ridha Wirakusumah, INA CEO.

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