Danantara’s $1.4 Billion Garuda Play Emerges as Key Reform Test
Indonesian sovereign wealth fund Danantara’s growing momentum in state-firm restructuring is putting fresh focus on its $1.4 billion bet on PT Garuda Indonesia, a key test of its ability to...
By Harry Suhartono · Bloomberg Markets
Indonesian sovereign wealth fund Danantara’s growing momentum in state-firm restructuring is putting fresh focus on its $1.4 billion bet on PT Garuda Indonesia, a key test of its ability to revive other troubled companies.