CAMEO+ eventCORPORATE2026-05-05馃嚠馃嚛
AEP Plantations buys Indonesian agribusiness Pinago for $162 million
source: AEP Plantations PLC -> target: PT Pinago Utama Tbk
On 2026-05-05, AEP Plantations PLC announced the acquisition of 98% of Indonesian agribusiness PT Pinago Utama Tbk for about USD162 million. The deal, funded from existing cash resources via AEP Nusantara Holdings Ltd, is said to increase crude palm oil production by 25%.
0.25Significance4.0Magnitude0.3Systemic0.5Market1Articles
Location
South SumatraSouth SumatraSoutheast AsiaIndonesiaAsia-3.000, 103.000
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