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POSCO Secures Control of Sampoerna Agro in KRW 1.3T Deal
ZACKS· 2025-11-25 13:56
Key Takeaways POSCO gained control of Sampoerna Agro, expanding its palm plantation footprint by 128,000 hectares. The acquisition adds fruit-producing estates and strong seed development capabilities to POSCO's portfolio. A new East Kalimantan refinery boosts POSCO's operations with 500,000-ton annual processing capacity. POSCO Holdings, Inc.’s (PKX) unit POSCO International has taken a significant step in its agro-business by establishing a fully integrated palm oil value chain, spanning from palm seed de ...