Eyeing the Throne of the Pineapple King

THE Salim Group flag will be flown across even more of Asia. Around two weeks ago, First Pacific Company Limited, Salims Hong Kong-based investment company, announced its plans to buy 40 percent of shares in Del Monte Pacific at a cost of US$164 million.

First Pacific is the parent company of Indofood Sukses Makmur as well as the grandparent of Bogasari. The purchase of the worlds largest canned pineapple producer, which was announced two months a

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