Counsel are unsure of the impact of new merger approval rules that have been proposed in Indonesia. While some argue that the changes would protect deal certainty after completion, others fear the regulations will make deals harder to close.
Speaking at IFLR’s Asia M&A Forum on March 3, panellists on a session about south-east Asia discussed Indonesia’s plans for a pre-clearance regime (rather than a system of notification after closing) to review mergers....