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Deal #168 Version #45031

Indonesia

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Created at

2013-02-15

Last update

2013-06-11

Last full update

2021-04-29

Operating Company

Operating company

Comment on investment chain

Indonesian food company PT Tiga Pillar Sejahtera Food (TPS, IDX:AISA) has agreed to sell a 35 per cent stake in PT Bumi Raya Investindo (BRI), an oil palm plantation subsidiary, at a price of US$43 million. TPS Food is selling the stake to Bunge Agribusiness, a subsidiary of a US food giant Bunge Limited, listed on the New York Stock Exchange.

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