Olam Group, the Singapore-based food and agribusiness conglomerate, is selling its agricultural products business to Saudi ...

The Saudi company bought a 35.43% stake in Olam Agri in 2022 for $1.24 billion, putting the business’s equity value at about $3.5 billion. Salic is wholly owned by Saudi Arabia’s Public ...

Olam sells 44.6% of Olam Agri stake To sell remaining 19.99% stake in 3 years Sale proceeds from 100% stake sale is $3.87 billion Olam shares rise 8.9% to 7-week high Feb 24 (Reuters) - Saudi ...

Olam Group—founded by Singaporean tycoon Sunny Verghese—is selling its remaining stake in its agribusiness unit to Saudi Agriculture and Livestock Investment Company (SALIC) in a deal valued ...

The $1.78 billion deal will almost double the stake that Saudi Agricultural & Livestock Investment Co., or Salic, has in Olam Agri Holdings to 80%, and see Olam become a more slimmed down company ...

SINGAPORE–Singapore-based Olam Group VC22.07%increase; green up pointing triangle has agreed to sell its remaining stake in its agricultural products business to state-owned Saudi Agricultural ...

SINGAPORE - Singapore-listed Olam Group’s share price jumped after one of the world’s biggest cocoa and coffee merchants announced the sale of a major stake in its agribusiness unit to a state ...

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 ...

The transaction, which will see SALIC acquire the remaining 65% in Singapore-based Olam Agri, is set to be completed in two tranches, the target agribusiness said in a statement. The first half of ...

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 ...