Yupi Indo Jelly Gum—one of Asia’s largest gummy candy makers backed by Indonesian billionaire Husodo Angkosubroto—is raising as much as $130 million from an IPO on the Indonesia Stock ...

The deal, still in its early stages, values Yupi Indo Jelly Gum at approximately $500 million, according to The Wall Street Journal. Founded in 1996 as a joint venture with a major European gummy ...

Yupi Indo Jelly Gum, a top gummy manufacturer in Southeast Asia, is drawing interest from TPG Inc., KKR & Co. Inc., and Blackstone Inc. for a $500M deal.