THE most intense cross-border oil palm plantation deal this year has to be the race for a major stake in London Stock Exchange (LSE) listed New Britain Palm Oil Ltd (NBPOL) based in Papua New Guinea (PNG).
NBPOL was coveted by many regional plantation companies given its credentials as a fully integrated palm oil producer with 135,000ha of brownfield assets, 12 mills and one refinery each in PNG and Liverpool as well as the largest sugar cane and beef producer in PNG.
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