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New Deal


Announced

Completed

M.P. Evans completed the acquisition of a minority stake in its Indonesian subsidiary from ANJ for $25m.

Financials

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Transaction Value£21m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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palm oil plantations

Minority

Single Bidder

Acquisition

Private

Indonesia

Farming Fishing Ranching and Plantations

Friendly

Completed

Synopsis

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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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