Please note: you are viewing an old version of this deal. The current version can be found here: Deal #168

Deal #168 Version #45036

Indonesia

Created at

2013-02-15

Last update

2020-11-27

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. *In 2010, BRI acquired five other oil palm plantation companies namely PT Mitra Jaya Agro Palm, PT Airlangga Sawit Jaya, PT Charindo Palma Oetama, PT Muarabungo Plantation, and PT Tugu Palma Sumatera that are located in Central Kalimantan, West Kalimantan, South Sumatra, and Riau.

Network of parent companies and tertiary investors/lenders

Please click the nodes to get more details.

Legend

Is operating company of
Is parent company of
Is tertiary investor/lender of