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Trump secures Bali resort deal
Two firms have advised on Trump Acquisition, LLC’s deal to rebrand and redevelop an integrated Bali resort.
Lara Bullock
Firms: Baker & McKenzie (a publicly listed Indonesian company); Kelley Drye & Warren LLP (Trump Acquisition, LLC)
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Deal: A Bali resort has come to an agreement with Trump Acquisition, LLC for it to be rebranded and redeveloped as the Trump Bali Resort.
Value: Confidential
Area: Hotels, Resorts and Tourism
Key Players: The Baker & McKenzie team was made up of partner Graeme Dickson and associate Kerrie Duong.
Deal Significance: Trump Acquisition LLC’s principal is Donald Trump, and this deal represents Trump’s first flag in Asia.
The current resort owner’s principal is Hary Tanoesoedibjo – one of Indonesia’s most prominent businessmen.
When it reopens under Trump’s management, the integrated resort, which is located on Bali’s scenic coast, will be redeveloped to include a luxury six-star hotel, branded residences, apartments and a world-class beach club, with the potential inclusion of additional complimentary amenities and features.
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