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 ...
SALIC and Olam Agri share the same vision and focus on sustainable sourcing and commitment to meet the rising demand for food, feed and fibre.” Upon completion of tranche two, Olam Agri will ...
SINGAPORE (Bloomberg): Olam International Ltd, one of Asia’s biggest agricultural firms, is splitting its food business from ... into demand for specialty products from consumers who are ...
The deal worth ~$4 billion will allow Salic to gain full control over Olam Agri's product portfolio, which includes grain, edible oils and other food products. This acquisition will change the ...
the agricultural products unit of Singapore’s Olam Group, to more than 80%. The group, wholly owned as the food and agriculture investment arm of PIF, Saudi Arabia's sovereign-wealth fund ...
Olam Food and the rest of the Singapore-listed company. It’s also a 14% premium to the $3.50 billion valuation of SALIC's initial investment in Olam Agri in 2022. “This acquisition underscores ...
Saudi Arabia's agricultural and livestock investment firm SALIC has agreed to buy a 44.58% stake in Singapore-based Olam Group's (OLAG.SI), opens new tab agricultural products business Olam for 1. ...
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