Hosted on MSN21d
Saudi Arabia snaps up Olam’s agribusiness division in a deal valued at $4 billion, more than the Singaporean firm’s entire market capOlam 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 ...
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 ...
It’s also the latest example of the kingdom’s strategy of ensuring food security through acquisitions in the global supply chain. Olam founder and Chief Executive Officer Sunny Verghese said ...
On my right, Group CEO and Co-Founder, Sunny Verghese; and to his right, CEO of ofi, Olam Food Ingredients, A. Shekhar; and on my extreme right, our Group CFO, N. Muthukumar. They do not need any ...
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–Singapore-based Olam Group VC20.00%increase; green up pointing triangle has agreed to sell its remaining stake in its agricultural products business to state-owned Saudi Agricultural ...
Olam Group's profit falls 52.8% Declares final dividend of 3 SG cents per share Feb 28 (Reuters) - Singapore's Olam Group (OLAG.SI), opens new tab reported a slump in its full-year underlying ...
Shares of Olam Group, which holds about 64.6 per cent of Olam Agri, jumped 5.3 per cent, or S$0.06, to close at S$1.19 on Monday (Feb 24). The food and agri-business giant announced on Monday before ...
© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results