Elnusa acquisition transaction not executed yet

Transaction of the 37.67 percent acquisition of PT Elnusa Tbk shares by the Consortium of Saratoga Capital-Northstar Pacific has not been finalized thus far.
The Consortium of Saratoga-Northstar has 8-10 weeks since it became the preffered bidder on June 11.
Director of Bahana Securities Eko Yuliantoro said Saratoga-Northstar has finalized Elnusa acquisition transaction from Tri Daya Esta. Bahana is the financial advisor of TDE for Elnusa stock sales here.
The accomplished transaction here is based on the reached transaction price deal involving the TDE and Saratoga Consortium. But he did not mention the agreed price.
"We will make official announcement in the next few days. Principally, the pricing has reached deal," he said yesterday.
There are two swap options of Elnusa stocks from TDE, that is by swapping the currently repurchased agreement to Saratoga, or by waiting for the maturity of the repo which then be swapped to the seller consortium.
I try to confirm CEO of Saratoga Capital Sandiaga Uno on the Elnusa acquisition finalization and he said the finalization is still underway.
"Just wait for the final transaction," he said by short message service.
Saratoga prepares some US$150 million or DIR1.5 trillion to fiannce the acquisition and expansion of Elnusa in the future.