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Sime Darby Lobs £1B Offer For New Britain Palm Oil

By Linda Chiem ( October 9, 2014, 6:06 PM EDT) -- The plantation and agribusiness unit of Malaysian conglomerate Sime Darby Bhd on Thursday launched a £1.1 billion ($1.7 billion) all-cash takeover offer for New Britain Palm Oil Ltd. to grab hold of the sustainable palm oil producer's plantations in Papua New Guinea....

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