Wilmar says buys Indonesian sugar refiner for $104 mln

Singapore's Wilmar , the world's largest listed palm oil firm, acquired Indonesian sugar refiner Duta Sugar International for $104 million in July, the head of its Indonesian unit Hendri Saksti told Reuters on Wednesday. 

The firm has previously said it wants to expand by investing at least $1 billion in China, Africa and Indonesia, where it has secured land for sugar plantations. Source: Reuters