Guardian: Its a multimillion dollar tie-up that youve heard little about, but could have major implications for the drive towards a more responsible palm oil sector.
After several weeks of speculation, it is expected that Malaysian state-owned commodities company Felda is about to conclude negotiations on the acquisition of a 37% stake in palm oil company PT Eagle High Plantations.
This follows an aborted $680m deal late last year, the collapse of which was put down to heavy criticism from investors...