Acquiring Company
Finance Ministry
Acquired Company
Whoosh
Indonesia
Mill ValleyFinancial ServicesGovernmentInformation TechnologyDescription
The Finance Ministry will finalize its takeover of Whoosh, the operator of the Jakarta-Bandung High-Speed Rail, in September. This decision follows an agreement to transfer operations and liabilities from the current local consortium. The move aims to streamline financial management and address the project's fiscal challenges.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Whoosh?
Whoosh was acquired by Finance Ministry, based in Indonesia. The deal was reported on August 26, 2026. The Finance Ministry is a government agency responsible for managing the financial affairs of the state. It oversees the fiscal policy, budgeting, and financial regulations. Finance Ministry is privately held and operates in Financial Services.
When did Finance Ministry acquire Whoosh?
Finance Ministry's acquisition of Whoosh was reported on August 26, 2026. The Finance Ministry will finalize its takeover of Whoosh, the operator of the Jakarta-Bandung High-Speed Rail, in September. This decision follows an agreement to transfer operations and liabilities from the current local consortium. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Whoosh do?
Whoosh is a hospitality technology company building modern software solutions for the entire club. Whoosh offers cloud-based software that features a modern, intuitive interface for both staff operations and member booking. It is privately held, operating in Information Technology, and is based in Mill Valley.
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