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KKR takes 10.44% stake in Japfa's Indonesian unit for US$80m

Transaction is US private equity firm's first direct investment in Indonesia


US private equity firm KKR is ploughing some US$80 million to take a 10.44 per cent stake in Japfa Ltd's Indonesian subsidiary, its first direct investment in the country.

PT Japfa Comfeed Indonesia Tbk (PT Japfa Tbk), which manufactures animal feed and breeds and