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The multimillion dollar palm oil deal we should all be worried about
2016-03-07 10:12:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Its a multimillion dollar tie-up that youve heard little about, but could have major implications for the drive towards a more responsible palm oil sector. After several weeks of speculation, it is expected that Malaysian state-owned commodities company Felda is about to conclude negotiations on the acquisition of a 37% stake in palm oil company PT Eagle High Plantations. This follows an aborted $680m deal late last year, the collapse of which was put down to heavy criticism from investors...
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oil
palm
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