FGV attracts suitors

Among the suitors is a strategic investment company affiliated with the Tradewinds Group, which is mulling over a stake purchase in FGV. It is believed that there are overtures to FGV on a tie-up with Tradewinds, although it is still at a preliminary stage. This could involve, among others, a stake sale from one of FGV

PETALING JAYA: From going on an acquisition spree, Felda Global Ventures Holdings Bhd (FGV) is now a target company.

Having aborted the stake acquisition of Indonesia’s Eagle High Plantations Tbk, FGV has attracted suitors who are looking at a possible corporate exercise with the plantation group.