Ali Budiardjo Nugroho Reksodiputro (ABNR)

In August 2017, the Minister of Energy and Mineral Resources introduced a new regulation which revoked its previous controversial (and short-lived) regulation which had required that the ministry's approval be obtained by sponsors of independent power producers (IPP) before executing any share transfer or change of the IPP's board of directors or commissioners.

In terms of transaction value, the acquisition of PT Amman Mineral Internasional by PT Medco Energi Internasional with a transaction value of $2.6 billion marked the domination of the M&A market in Indonesia in 2016 by acquisitions in the mining sector.

Luky I Walalangi and Miriam Andreta, Ali Budiardjo Nugroho Reksodiputro