Indonesia to Sell Share of Merpati Nusantara Airlines

State-owned Merpati Nusantara Airlines is to be privatized, but the Indonesian government hasn't decided how much of its stake to give up. President Hotasi Nababan wants to sell 51% to raise 1.5 trillion rupiah ($174 million) to finance the purchase of 20 new aircraft, add routes and cover severance...

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