Forbes29d
Singapore’s Olam Sells Agribusiness Unit To Saudi Fund In Deal Valued At $4 Billion
Olam Group—founded by Singaporean tycoon Sunny Verghese—is selling its remaining stake in its agribusiness unit to Saudi Agriculture and Livestock Investment Company (SALIC) in a deal valued ...
The Straits Times29d
S’pore-listed Olam to make $2.46 billion gain from sale of stake in agribusiness unit; shares surge
SINGAPORE - Singapore-listed Olam Group’s share price jumped after one of the world’s biggest cocoa and coffee merchants announced the sale of a major stake in its agribusiness unit to a state ...
Yahoo Finance29d
Olam Sells Agri-Business Stake to Saudi in Long-Awaited Deal
The $1.78 billion deal will almost double the stake that Saudi Agricultural & Livestock Investment Co., or Salic, has in Olam Agri Holdings to 80%, and see Olam become a more slimmed down company ...
AOL29d
Saudi Arabia snaps up Olam’s agribusiness division in a deal valued at $4 billion, more than the Singaporean firm’s entire market cap
Olam Group, the Singapore-based food and agribusiness conglomerate, is selling its agricultural products business to Saudi Arabia. The Saudi Agricultural and Livestock Investment Co. (Salic ...
Channel NewsAsia Singapore29d
Singapore-listed Olam to sell 44.6% stake in agribusiness to Saudi Arabia for US$1.8 billion, shares jump
Singapore-based Olam Group on Monday (Feb 24) said it will sell a 44.58 per cent stake in its agricultural products business Olam Agri for US$1.78 billion to state-owned Saudi Agricultural and ...
FoodBev Media28d
Olam Group announces sale of remaining stake in Olam Agri
Olam Group has announced the proposed sale of its remaining 64.57% stake in Olam Agri Holdings. The proposal will see the remaining stake being sold to Saudi Agriculture & Livestock Investment ...
Business Times29d
Olam to sell remaining stake in Olam Agri for US$2.6 billion, focuses on IPO of business unit ofi
OLAM is divesting its remaining stake in Olam Agri to Saudi Agricultural and Livestock Investment Company (Salic) for US$2.6 billion. While the board has yet decided on the specific use of the ...
Zawya29d
Saudi Arabia to buy control of Olam's agribusiness for $1.8bln; shares jump
Saudi Arabia's agricultural and livestock investment firm SALIC has agreed to buy a 44.58% stake in Singapore-based Olam Group's agricultural products business Olam for 1.78 billion, the companies ...
ESPN.com29d
Knee issue could force Wests Tigers' Justin Olam into retirement
The NRL future of Papua New Guinea international Justin Olam is under a cloud as the Wests Tigers centre battles an ongoing knee injury. Olam has been absent from the Tigers' two pre-season games ...
The Daily Telegraph29d
Wests Tigers star Justin Olam weighing up NRL retirement call
Olam struggled with injuries at times last season and only managed to play 13 games after his big money move from the Melbourne Storm. This masthead reported last week that Olam had been omitted ...
Law28d
White & Case, WongPartnership Secure Roles As Olam Group Sells Agribusiness Stake for $2.58B
The transaction, which will see SALIC acquire the remaining 65% in Singapore-based Olam Agri, is set to be completed in two tranches, the target agribusiness said in a statement. The first half of ...