SAPA # 1040: Unlike Canico acquisition by Vale, Acquisition of Freeport McMorran by PT Aneka Tambang Tbk. can be called almost impossible. Freeport sized more than 15x Antam. Vale can, why Antam not? Because Vale opened up the public money to keep growing. While Antam only rely on government money as a controller. Why, is not we also an IPO? In corporatization, the IPO is not the end of the process. IPO is precisely the beginning of the process to become a giant company. Antam’s corporatization stops at the IPO. Sarapan Pagi Presented by SNF Consulting https://t.me/dailymanagementupdate – at SNF Consulting.
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