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Singapore’s Impiro to take over Indonesia’s Contained Energy

( April 27, 2015, 09:19 GMT | Insight) -- Singapore-incorporated full-service investment firm Impiro will take over PT Contained Energy Indonesia through a cash-and-stock transaction, which will see Impiro acquire a 95-percent stake in the renewable energy company. Deal Street Asia reports that Im...Singapore-incorporated full-service investment firm Impiro will take over PT Contained Energy Indonesia through a cash-and-stock transaction, which will see Impiro acquire a 95-percent stake in the renewable energy company. Deal Street Asia reports that Impiro initially purchased a 45-percent stake in Contained Energy in November 2014, but after examining the prospects and growth potential of the renewable energy sector, Impiro decided to provide additional capital and management support for the expansion of Contained Energy in the country and, at a later-stage plan, in the surrounding region....

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