Announced
Completed
Financials
Tags
palm oil plantations
Minority
Single Bidder
Acquisition
Private
Indonesia
Farming Fishing Ranching and Plantations
Friendly
Completed
Synopsis
M.P. Evans Group, which owns oil-palm plantations in Indonesia, bought back a minority stake in its Indonesian subsidiary from Austindo Nusantara Jaya for $25m. ''The acquisition of these minority holdings consolidates our holding in the high-quality estates that we have owned and managed for many years at a price that represents a low risk and attractive return to shareholders," Peter Hadsley-Chaplin, MPE Chairman.
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