Tag archive for ‘Indonesia’
By businessnewstoday On Saturday, June 20th, 2020

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

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

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

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

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...