Agribusiness group Wilmar International has entered into an agreement to acquire the remaining 8.62% of Malaysian oleochemicals company Natoleo.
The deal is worth MYR42.4m (US$13.5m) and is expected to take place within 90 days. The company is still seeking regulatory approvals from the Ministry of International Trade and Industry.
The move follows Wilmar International’s acquisition of a 91.38% stake in the company on 21 July.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData