SINGAPORE (July 3): Indofood Agri Resources announced that its 50:50 joint venture (JV) with Apia SP Participações, Companhia Mineira de Açúcar e Álcool Participações (CMAA), is acquiring Vale do Pontal Açucar e Alcool Ltda (UVP) for a consideration of BRL 75.9 million ($26.7 million) to be paid in CMAA shares.

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