Saudi Arabia's SALIC to Buy Control of Olam Agri

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.
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,
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’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’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 takes full control of Olam Agri
Singapore-based Olam Group is selling its remaining 64.57% stake in Olam Agri to Saudi Agriculture & Livestock Investment Company (SALIC), another sign of the burgeoning trade corridor between Asia and the Middle East.
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’s PIF to take full control of Olam Agri for $1.8bn
Saudi Agriculture & Livestock Investment Company (SALIC), the food and agriculture investment arm of Public Investment Fund of Saudi Arabia, has agreed to take over the Singapore-based Olam Agri for US$1.78bn (€1.69bn).
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 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,
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 ...
Wall Street Journal2d
Olam Sells Remaining Stake in Agri Products Business to Saudi Arabia’s Salic
SINGAPORE–Singapore-based Olam Group VC25.31%increase; green up pointing triangle has agreed to sell its remaining stake in its agricultural products business to state-owned Saudi Agricultural ...