FinanceDealStreetAsiaabout 3 hours ago
Cicil Buys 30% Stake in Pool Advista
2 min read
Indonesian fintech Cicil acquires a 30% stake in listed financing company PT Pool Advista Finance Tbk on Oct. 2. The deal gives Cicil a foothold in the multifinance sector, reducing POOL's holding to 46.34% from 76.34%. Completion depends on an independent appraisal report and regulatory compliance with OJK and Indonesia Stock Exchange requirements.
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