Indomie maker's 32.75 cents revised buyout offer for Indofood Agri 'not fair but reasonable': IFA

Published: 14/06/2019
Indomie maker's 32.75 cents revised buyout offer for Indofood Agri 'not fair but reasonable': IFA
Source: WWW.STRAITSTIMES.COM

June 14, 2019 4:54 PM SINGAPORE - The independent financial adviser (IFA) for mainboard-listed Indofood Agri Resources (IndoAgri) said Indomie maker Indofood Sukses Makmur's latest buyout offer of 32.75 cents per share for the company is "not fair but reasonable".

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