6 May, 2017
Skadden represented Protelindo (PT Sarana Menara Nusantara) in connection with a US$405 million Re-IPO transaction and sale of shares by certain shareholders, including Micheal Gearon, Jr., Tiger Global and Tybourne. Protelindo, listed on the Indonesian Stock Exchange, is the largest owner and operator of towers for telecommunications operators in Indonesia. The offering was made under Rule 144A and Regulation S under the Securities Act of 1933.
The Skadden core team includes in Hong Kong and Singapore, partners Rajeev Duggal and Jonathan Stone, and associates Zachary Levine and Marc Tan, corporate; and in Palo Alto, partner Sean Shimamoto and associate Yilan Bryant, tax.
