Danantara Follows GoTo-Grab Merger Government Approval

Here’s a breakdown of the‍ key data from the CNN Indonesia article:

* Danantara ‍will follow government direction on the GoTo-Grab merger: Anagata Nusantara Power Investment Management Agency (Danantara) will respect and act upon any⁢ input or direction provided by the Indonesian government regarding the potential merger between GoTo and Grab.
* Focus on B2B and ‍Commercial Return: Danantara’s primary concern is ⁢the business-to-business (B2B) relationship between goto and Grab and ensuring a ‍positive “commercial return” from any merger or acquisition. They ⁤will support the merger⁢ if it proves commercially viable.
* Government Involvement: The merger discussion is linked⁤ to a draft presidential regulation concerning online ⁢motorcycle taxis. The Danantara Investment Management Agency (BPI) will be involved in the ⁢process, which is currently in the exploratory phase (merger or acquisition).
* Government Input is Valued: Danantara believes the government’s input will be beneficial for the continued health of the digital ecosystem.

In essence, Danantara is taking a wait-and-see approach, prioritizing government guidance and ‍commercial viability in the potential GoTo-Grab merger.