“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)
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Wednesday, May 23, 2007

Texas Pacific Group banks on Indonesia

Posted May 22nd 2007 4:23PM by Tom Taulli

Bloggingstocks.com

As seen with Blackstone's mega investment from the Chinese government, private equity is setting its sights on Asia. While there are certainly risks, the rewards can be great.

Interestingly enough, since the mid 1990s, the Texas Pacific Group (TPG) has been a big player in Asia. According to a report in the Wall Street Journal (subscription required) the firm has actually purchased a 72% stake in PT Bank Tabungan Pensiunan Nasional, which is a bank in Indonesia. In fact, the Indonesian government will maintain a stake in the bank.

The price tag is about $200 million or so -- a fairly small amount for TPG.

Yet, the deal should make it easier to get a footprint in the Indonesian market. It's also a sign that the political situation has stabilized. And with economic growth at 6%+, it should be a lucrative place for dealmaking.

Tom Taulli is the author of various books, including the Complete M&A Handbook and the EDGAR-Online Guide to Decoding Financial Statements.

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