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Malaysia Sime Darby says wins EC nod for $1.74 bln New Britain Palm Oil buy
Wed, 28th Jan 2015 08:36
KUALA LUMPUR, Jan 28 (Reuters) - Malaysia's Sime Darby Bhd, the world's top oil palm planter by land size, saidon Wednesday it had obtained the European Commission's approvalto buy New Britain Palm Oil Ltd for about $1.74billion.
Sime Darby said in a stock exchange filing the clearance wasobtained on Tuesday. The company had announced in October theproposed acquisition with a view to adding high yieldingplantations that can immediately boost its earnings.
For the full filing, please click: http://bit.ly/1HaBK6k (Reporting By Yantoultra Ngui; Editing by MuralikumarAnantharaman)
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3 Mar 2015
Malaysia's Sime Darby completes $1.74 bln New Britain Palm Oil buy
KUALA LUMPUR, March 3 (Reuters) - Sime Darby Plantation Bhd, the plantation arm of Malaysia's conglomerate Sime Darby Bhd , has completed $1.7 billion...
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