The highly anticipated acquisition of Campina Ice Cream Industry ($CAMP) by Bahrain-based investment manager Investcorp has abruptly collapsed, sending ripples through the Indonesian consumer goods sector. While the initial sweet prospect has soured, new suitors…

At the end of December 2024, the Indonesian investment world was shocked by the smart move of Sabana Prawirawidjaja, who managed to make a significant acquisition of $CAMP. Sabana, which is the controller of Campina…