Pinehill Acquisition Overprice
Pinehill Acquisition Overprice. Investors responded negatively to the decision of Indofood CBP Sukses Makmur Tbk (ICBP) to acquire shares of Pinehill Corpora Limited. This is reflected in the movement of ICBP shares in trading this week. In fact, ICBP shares experienced an auto reject down after falling 6.77% to IDR 8,950 per share shortly after.
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