PT Tiga Pilar Sejahtera Food Tbk (JKSE:ALSA) is planning to release its subsidiary PT Bumi Raya Investindo. Kohlberg Kravis Roberts & Co. L.P.(NYSE:KKR) is planning to buy PT Bumi Raya Investindo.

Sjambiri Lioe, Finance Director of PT Tiga Pilar Sejahtera Food Tbk said that KKR has expressed interest in buying shares of Bumi Raya in the initial public offering which is going to be launched in first quarter of 2014.