Weekly Business

Spending, Buying Spree for Salim

Shares of PT Indofood Sukses Makmur, the instant noodles maker owned by the Salim Group, were up 3.2 percent to Rp4,150 at the close of trading on Friday last week. Reports on a planned purchase by Hong Kong-based First Pacific Co. Ltd. of 8 percent of the shares of this company have sparked a positive market response.

This share purchase will raise to 48 percent the control of First Pacific over Indofood. For t

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