Indonesia's power cable industry heads for a shakeout

Newswire

* Govt to build $174 bln infrastructure projects * 5 top firms average EBITDA growth above 20 pct * Shares of 5 top firms have risen 23 pct on avg in 2013 * Industry hurt by pricing wars, falling rupiah By Janeman Latul and Fathiya Dahrul JAKARTA, Aug 26 (Reuters) - Indonesia may lose three-quarters of its power cable makers in the next two to three years as thin margins drive weaker players to accept buyouts, leaving ...

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