Indonesia's Indofood sells 49 pct stake in unit to Japan's Nissin
date:Aug 22, 2014
to be approved by the Indonesia Investment Coordinating Board and shareholders of Nissinmas.

Facing limited growth in their domestic market, Japanese food companies are keen to expand in Indonesia, which has the world's fourth-biggest population of around 240 million. Southeast Asia's biggest economy is also emerging as an attractive manufacturing base in the region.
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