A Blessing or a Curse?
May 22, 2001
Many have questioned Indofood's purchase of Golden Agri Resources. SocGen analyst Erwan Teguh Teh, for instance, questions the shifting of Indofood's business orientation from consumer products to commodities. This can be seen from a possible alteration in the portion of the market made up of food products (noodles, crackers and children's snacks) and commodities (palm oil and flour). In the past, food products comprised 53 percent of sales. After t
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