Philippines food and drink giant San Miguel Corp has revealed that it would be very interested in buying Indonesia’s largest instant noodle and cooking oil producer if it was put up for sale by the controlling Salim family.
PT Indofoods Sukses Makmur “would be a good acquisition for the core food business of the company,” San Miguel explained in a statement to the stock exchange earlier today [Tuesday].
The company is quoted by Dow Jones as continuing: “Should there be such an intention [to sell], the management of the company has good, direct, personal and business relationship with the Salim family to pursue the offer, without the need for any broker.”