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British American Tobacco - PT Bentoel Internasional Investama stake acquisition

- US$326.00 m

  • Entry date - Thursday, 25 June 2009
  • Jurisdiction - Indonesia
  • Practice - M&A
  • British American Tobacco purcashed 56% stake in PT Bentoel Internasional Investama, Indonesian cigarette maker for US$326 million cash consideration.


  • Firm - Hadiputranto, Hadinoto & Partners
  • Client - Rajawali Group
  • Lead Lawyers -
  • Role -
  • Firm - Herbert Smith
  • Client - British American Tobacco
  • Lead Lawyers - Andrew Radford, Austin Sweeney, Austin Sweeney
  • Role - Counsel to Acquirer
  • Firm - Hiswara Bunjamin & Tandjung
  • Client - British American Tobacco
  • Lead Lawyers - Brian Scott, David Dawborn, Iril Hiswara
  • Role - Counsel on Local law
  • Firm - White & Case
  • Client - Rajawali Group
  • Lead Lawyers - Barrye Wall, Jeremy Leifer, William Kirschner
  • Role - Counsel to seller

Deal summary

British American Tobacco purcashed 56% stake in PT Bentoel Internasional Investama, Indonesian cigarette maker for US$326 million cash consideration. 


Deal allows BAT to enter Indonesian market for kreteks-cigarettes made from tobacco and cloves.


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