Malaysia's Sime Darby to appoint advisor for merger

Newswire

KUALA LUMPUR, Nov 27 (Reuters) - Malaysian conglomerate Sime Darby said on Monday it will appoint an advisor to look into its merger with two other plantation firms and their units. Three Malaysian state-controlled plantation firms announced plans earlier Monday to join forces, creating the world's largest listed palm oil planter by area worth $8.6 billion and accounting for 6 percent of global production. Sime, Kumpulan Guthrie Bhd and Golden Hope Bhd plan to put their assets and ...

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