Etika International Holdings plans to sell its South East Asian dairy operations to Japan's Asahi Group.
April 15/Singapore/Press Release -- Dairy firm Etika International Holdings is planning to sell its South East Asian dairy operations to Japan's Asahi Group in a deal worth $329 million.
Etika, which has operations in Malaysia, Indonesia and Vietnam, markets a range of milk-based products and soft drinks. Overall, the company's products are available in more than 50 countries across Asia, the Middle East, North, South and Central America, the Caribbean and Africa.