Photo: Indomie instant noodles displayed on the shelf of a supermarket in Yogyakarta, Indonesia, in October 2019. Reezky Pradata/Shutterstock

Indonesia’s Indofood to seek shareholder nod for $2.99 bln acquisition of instant noodle affiliate


JAKARTA - PT Indofood CBP Sukses Makmur Tbk’s (ICBP) plans to acquire Pinehill Group is in the final stage and now only requires shareholder approval, the company said in a disclosure on the Indonesian stock exchange on Monday (June 8).

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