Singapore's Olam Sells Agribusiness Unit To Saudi Fund

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 Company (Salic), owned by the kingdom’s Public Investment Fund,
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.
Saudi Arabia’s Salic to buy Olam Agri business from Singapore parent
Saudi Agricultural and Livestock Investment Company (Salic) has agreed to acquire a 44.58% stake in Olam Agri Holdings, the agricultural products unit of Singapore’s Olam Group, for $1.78bn. Post the transaction,
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.
Olam Sells Agri-Business Stake to Saudi in Long-Awaited Deal
Olam Group Ltd.’s share price jumped after one of the world’s biggest cocoa and coffee merchant said it sold a stake in its agribusiness unit to a state-owned Saudi Arabian investment firm. Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC,
Olam Agri closes $1.8bn sale to Saudi as shares jump
Singapore-listed Olam Group on Monday sold a 44.58 percent stake in its agricultural products business, Olam Agri, for $1.78
Saudi Arabia’s SALIC To Acquire 44.58% Stake in Olam Agri for $1.78bn
A Saudi Arabian Agricultural company is set to acquire 44.58 per cent stake in Olam Agri, bringing its controlling stake to 80.01%
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 Livestock Investment Company (SALIC).
Olam Group sells 44.6% stake in agribusiness to Saudi Arabia’s SALIC for $1.8bn
Singapore-based Olam Group on Monday said it will sell a 44.58 per cent stake in its agricultural products business Olam Agri for $1.78 billion to state-owned Saudi Agricultural and Livestock Investment Company (SALIC).
Saudi Arabian group buys controlling stake in Singapore commodities trader
A Saudi Arabian state-owned investment company has agreed to buy a controlling stake in Singapore-based commodities trader Olam Agri that values the group at $4bn, as the kingdom accelerates efforts to diversify beyond oil and secure critical agricultural supply chains.
Saudi agric company buys controlling shares in Nigerian firm
Producers of one of Nigeria's most preferred rice brand are to be acquired by Saudi Agriculture and Livestock Company (SALIC) in a multi-billion dollar deal.
S’pore-listed Olam to make $2.46 billion gain from sale of stake in agribusiness unit; shares surge
The Saudi buyer has three years to exercise a call option on the rest of Olam Agri that Olam Group owns. Read more at ...
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Olam Group shares surge on deal to sell unit to Saudi fund
The deal implied an equity valuation for Olam Agri of US$4 billion. That’s 23% higher than the current market capitalisation ...