Indonesia: Sampoerna Agro divests plantation unit to Gudang Garam for $33m

Indonesia: Sampoerna Agro divests plantation unit to Gudang Garam for $33m

Publicly listed company Sampoerna Agro has divested its plantation unit Pertiwi Lenggara Agromas to Dhanistha Surya Nusantara (DSN Group) and Surya Nusantara Sawitindo (SNS) – both are subsidiaries of Indonesian cigarette maker Gudang Garam. The transaction was valued at Rp 447 billion ($33.2 million).

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