The firm is representing an affiliate of KKR Asset Management in connection with its pending acquisition of a 9.5% stake in PT Tiga Pilar Sejahtera Food Tbk (“TPSF”).  This will be KKR’s first investment in Indonesia.

TPSF is a food and food-related businesses company which has three business lines:  food manufacturing; rice processing and distribution; and palm oil and plantation businesses.  TPSF is listed on the Indonesia Stock Exchange.

The Simpson Thacher team working on this deal includes:  Mark Pflug, Katie Sudol, Chris Lin, Dan Fertig, Ian Ho and Xiaohui Lin (M&A), and Katharine Moir and Dan Foster (Tax).


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