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Singapore's Olam Sells Agribusiness Unit To Saudi Fund

Fortune on MSN · 1d

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), owned by the kingdom’s Public Investment Fund,

Hosted on MSN · 1d

Saudi Arabia to buy control of Olam's agribusiness for $1.8 billion; 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 said on Monday.

Singapore’s Olam Sells Agribusiness Unit To Saudi Fund In Deal Valued At $4 Billion

Olam Group—backed Singaporean tycoon Sunny Verghese—is selling its remaining stake in its agribusiness unit to Saudi Agriculture and Livestock Investment Company in a deal valued at $4 billion.

FoodBev Media4h

Olam Group announces sale of remaining stake in Olam Agri

Upon completion of tranche two, Olam Agri will be fully owned by SALIC, while Olam will continue to hold a 100% stake in OFI ...

1d

Injured Storm star may miss Eels' NRL season opener

The NRL future of Papua New Guinea international Justin Olam is under a cloud as the Wests Tigers centre battles an ongoing ...

Business Times1d

Stocks to watch: Olam, Raffles Medical, Sats, UOB, CapitaLand India Trust, Venture

THE following companies saw new developments that may affect trading of their securities on Monday (Feb 24): Read more at The ...

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