PT Caraka Reksa Optima entered into a mandatory tender offer to acquire 28.5% stake in PT Petrosea Tbk for approximately IDR 900 billion.

PT Caraka Reksa Optima entered into a mandatory tender offer to acquire 28.5% stake in PT Petrosea Tbk (IDX:PTRO) for approximately IDR 900 billion on August 24, 2022. Under the terms, PT Caraka Reksa Optima will acquire 287,650,300 shares at a price of IDR 3,118 per share. The Mandatory Tender Offer Period will start on August 25, 2022, 9:00 AM and end on September 23, 2022.