KUALA LUMPUR: Felda Land Development Authority (Felda) has launched a takeover of FGV Holdings Bhd at RM1.30 a share, or 2.3% above Monday closing price of RM1.27.
Felda had on Tuesday signed conditional agreements with Kumpulan Wang Persaraan (Diperbadanan) or KWAP and Urusharta Jamaah Sdn Bhd to acquire another 13.88% stake from them.
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