Laksamana gives verdict on BCA deal

Minister for State-owned Enterprizes, Laksamana Sukardi was at the CSFB conference and spoke to FinanceAsia.

In a landmark deal, the Indonesia government has finally sold Bank Central Asia (BCA) to private equity firm, Farallon, which beat Standard Chartered at the post. Laksamana Sukardi explains the significance of the sale and why StanChart lost. He also talks about other privatizations likely to happen this year.

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