Affinity Equity Nears $1.2 Billion Deal for Indonesian Gummy Maker
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 08 2024
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Source: WSJ
Affinity Equity Partners Acquisition: Singapore-based Affinity Equity Partners is nearing a $1.2 billion deal to acquire Yupi Indo Jelly Gum, the largest gummy manufacturer in Southeast Asia.
Interest from Other Firms: The Indonesian company has also attracted attention from U.S. private-equity firms and various foreign companies.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
