Category: Top Stories
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CBL Group Expands Global Reach with Strategic Acquisition of Indonesian Coconut Leader TJT
CBL Group, a leading diversified food manufacturing conglomerate in Sri Lanka, has announced the strategic acquisition of PT Tri Jaya Tangguh Indonesia (TJT), a substantial coconut processing facility. This acquisition involves an investment exceeding USD 25 million and employs over 800 workers. The investment was facilitated by the International Finance Corporation (IFC), a member of
