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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

Olam to sell 44.6% stake in agribusiness to Saudi Arabia for $1.8 billion, shares jump

(Reuters) -Singapore-based Olam Group on Monday said it will sell a 44.58% stake in its agricultural products business Olam Agri for $1.78 billion to state-owned Saudi Agricultural and Livestock Investment Company (SALIC).

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.

Channel NewsAsia Singapore1d

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 ...

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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