Tag archive for ‘Indonesia’
By businessnewstoday On Saturday, June 20th, 2020
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Vale and Sumitomo to divest 20% stake in Vale Indonesia to Inalum

(adsbygoogle = window.adsbygoogle || []).push({}); Brazilian mining company Vale said that its subsidiary Vale Canada and Sumitomo Metal Mining have agreed to sell a 20% stake of Indonesian copper More...

By Soujanya Ravi On Monday, March 16th, 2020
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Olam to sell out stake in Far East Agri sugar joint venture to Mitr Phol

Olam International will sell out it 50% stake in Indonesian sugar producer Far East Agri to its joint venture partner Mitr Phol Sugar for up to $85 million. The Singaporean food and agri-business company said that More...

By Soujanya Ravi On Friday, January 3rd, 2020
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Zurich Insurance buys 80% stake in Indonesian P&C insurer Adira Insurance

Zurich Insurance Group has completed its previously announced 80% stake acquisition in Asuransi Adira Dinamika Insurance (Adira Insurance), an Indonesian property and casualty insurer. The Swiss insurer acquired More...

By Raghuram Kadari On Wednesday, May 15th, 2019
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SCG Packaging to buy 55% stake in Indonesian packaging paper company Fajar

Packaging industry news : Thai packaging company SCG Packaging, a subsidiary of Siam Cement (SCC), has signed a conditional sale and purchase agreement to acquire a 55% stake in Indonesian packaging paper company More...

By businessnewstoday On Saturday, March 9th, 2019
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Michelin acquires 88% stake in Indonesian tire manufacturer Multistada

French tire manufacturer Michelin has completed its previously announced acquisition of a stake of 88% in Indonesian tire manufacturer Multistrada Arah Sarana for $480 million, after securing all the required approvals. The More...