Malaysia Digest: Nestle sells businesses; Hibiscus Petroleum buys UK oilfields

Malaysia Digest: Nestle sells businesses; Hibiscus Petroleum buys UK oilfields

Photo by Stijn te Strake on Unsplash

Nestle (Malaysia) Bhd is disposing its chilled dairy and manufacturing businesses to French dairy group Lactalis while Hibiscus Petroleum Bhd has acquired 50 per cent stake in two oilfields in the UK for $37.5 million.

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