16-Apr-2007 9:45 AM
Indonesia's Bhakti Investama acquires 50 pct stake in Adam Air
Analysis
Jakarta (XFN-ASIA) - Investment firm PT Bhakti Investama has
acquired a 50 pct stake in PT Adam Sky-Connection Airlines, the operator of
Adam Air, Bhakti president Hary Djaja said.
"The transaction was closed today (Thursday). As for the
value, we have agreed not to disclose it," Djaja told reporters last night.
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