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Purchasing shares in a company, either from a selling shareholder or from the company itself, is the most common type of share acquisition in Indonesia.

On July 20, 2010, the Indonesian Government released the long-awaited implementing regulation (the "New Regulation") regarding merger notification in Indonesia, pursuant to the relevant provisions of the Indonesian anti-monopoly law, Law No. 5 of 1999 (the "Anti-Monopoly Law").

The Financial Services Authority (Otoritas Jasa Keuangan or "OJK") issued OJK Regulation No. 41/POJK.03/2019 on Merger, Consolidation, Acquisition, Integration and Conversion of Commercial Banks...

It commonly happens that a change of control, or more commonly called an ‘acquisition', of a company is followed by employment terminations.

Indonesia's Business Competition Supervisory Commission (Komisi Pengawas Persaingan Usaha or "KPPU") is seen to be more strictly enforcing fines for companies

If a bidder in Indonesia decides to build a stake in a target, they can do so either through a direct increase in shareholding or by way of derivatives. The former is more common,...

If a bidder decides to build a stake in a target in Indonesia, they can do so either through a direct increase in shareholding or by way of derivatives.

In response to the multiple interpretation of the latest Merger Regulation ("2019 Merger Regulation"), the KPPU finally issued implementing guidelines on merger, consolidation, or acquisition...

Indonesia's competition authority, the KPPU (Komisi Pengawas Persaingan Usaha), has issued a new merger filing regulation, KPPU Regulation No. 3 of 2023 regarding Evaluation of Merger...

Under Article 127 (2) of Company Law, a company proposing a merger, consolidation, acquisition, or spin-off must announce a summary of the proposed corporate action and announce it to its employees in writing no later than 30 days before the notice convening the relevant General Meeting of Shareholders

Following the enactment of Government Regulation in lieu of Law No. 1 of 2020, Indonesia's financial services authority, the OJK, has enacted several regulations designed to safeguard the stability of the financial system and deal ...

Indonesia's Competition Commission (the KPPU) has issued a new merger control regulation with revised thresholds for triggering a merger filing in Indonesia.

The most notable feature under the New Regulation is the mandatory notification of asset acquisitions to the KPPU.

The Indonesian Stock Exchange has overhauled its listing framework through changes that reshape how companies prepare for IPOs and how existing listed companies manage their shareholder base.

Acquisition is referred to as a company takeover, which is a legal act carried out by a legal entity or individual to take over the shares of a company which results in the transfer of control over the company.

Given that the BOD is vested with the authority to conduct the management of the company, all decisions related to the company's management fall under the purview of the BOD.

In light of the spread of the Covid-19 outbreak, on Wednesday (18 March 2020), the OJK, Indonesia's Financial Services Authority, relaxed the rules on submission of reports and holding of...

On 2 October 2019 the Indonesian antitrust enforcer, Komisi Pengawas Persaingan Usaha (KPPU), issued a new merger control regulation