Sunday, 31 May 2009

Unilever to acquire a consumer goods company

After acquiring Buavita and Gogo from PT Ultrajaya Milk Industry & Trading Company Tbk., PT Unilever Indonesia Tbk. now plans to acquire a consumer goods company. Unilever Indonesia’s President Director, Maurits D. Lalisang said on Wednesday that the company can make the acquisition this year, although he cannot yet say the name of the company and the product that will be acquired. Corporate Secretary, Franky Jamin, said that the company has no problem with an acquisition since the company’s cash stands at Rp 1 trillion per March 2009.
Source: PA Asia - Public Affairs and CSR from Investor Daily, 22 May, p.10

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