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Olam Sells Remaining Stake in Agri Products Business

The Wall Street Journal on MSN · 2d

Olam Sells Remaining Stake in Agri Products Business to Saudi Arabia’s Salic

The Singapore-based company expects to raise $2.58 billion from the sale of its remaining stake in its agricultural products business to Saudi Agricultural and Livestock Investment Company.

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.

GlobalData on MSN · 1d

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,

Legit on MSN17h

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) ...

1d

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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