Reuters: Business News: Exclusive: Indonesia's CT Corp proposes all-cash deal for Bakrie's media unit

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Exclusive: Indonesia's CT Corp proposes all-cash deal for Bakrie's media unit Mar 29th 2013, 04:14 TANJUNG BENOA, Indonesia (Reuters) - CT Corp, one of Indonesia's emerging conglomerates, has proposed an all-cash deal for a controlling stake in media firm PT Visi Media Asia , valued at up to $1.8 billion, to strengthen its position in the media business in Southeast Asia's biggest economy.

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