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Olam Group to sell a 44.58% stake in Olam Agri to SALIC for approximately US$1.78 billion, at an implied 100% equity valuation for Olam Agri of US$4.00 billion Olam Group to sell its remaining 19. ...

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 ...

Olam will sell its entire 64.57% stake in Olam Agri in two tranches, Olam said on Monday. The first tranche, comprising 44.58% of Olam Agri, will be sold to Salic for US$1.78 billion, while the ...

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 ...

Credit: T. Schneider/Shutterstock. Saudi Agricultural and Livestock Investment Company is to up its stake in Olam Agri Holdings, the agricultural products unit of Singapore’s Olam Group ...

Saudi Agricultural and Livestock Investment Company is to up its stake in Olam Agri Holdings, the agricultural products unit of Singapore’s Olam Group, to more than 80%. The group, wholly owned ...

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 ...

Olam Group has announced the proposed sale of its remaining 64.57% stake in Olam Agri Holdings. The proposal will see the remaining stake being sold to Saudi Agriculture & Livestock Investment ...

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). Shares of ...

OLAM is divesting its remaining stake in Olam Agri to Saudi Agricultural and Livestock Investment Company (Salic) for US$2.6 billion. While the board has yet decided on the specific use of the ...

The Saudi Agricultural and Livestock Investment Co. (Salic), owned by the kingdom’s Public Investment Fund, already owns about a third of Olam Agri. On Monday, Salic put forward a plan to ...