Singapore's Olam Sells Agribusiness Unit To Saudi Fund

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 Company (Salic), owned by the kingdom’s Public Investment Fund,
Olam to sell 44.6% stake in agribusiness to Saudi Arabia for $1.8 billion, shares jump
Singapore-based Olam Group on Monday said it will sell a 44.58% stake in its agricultural products business Olam Agri for $1.78 billion to state-owned Saudi Agricultural and Livestock Investment Company (SALIC).
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.
Olam Sells Remaining Stake in Agri Products Business to Saudi Arabia’s Salic
The Singapore-based company expects to raise $2.58 billion from the sale of its remaining stake in its agricultural products business to Saudi Agricultural and Livestock Investment Company.
Olam Group Sells Stake in Agri-Business Unit to Saudi Fund
Singaporean food trader Olam Group Ltd. has reached a deal to sell a major stake in its agri-business unit to a state-owned Saudi Arabian investment firm that values the operations at $4 billion.
Olam Group Agrees to Sell Remaining 64.57% Stake in Olam Agri to Saudi Agriculture & Livestock Investment Company
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More. Back To Top
Olam Group Sells Majority Stake in Olam Agri to SALIC for $3.87B
Olam Group (SGX:OLAG) announced plans to exit its agribusiness unit, Olam Agri Holdings, by selling a 44.6% stake to Saudi Agricultural and Livestock Investment Company (SALIC) for $1.78 billion. This deal values Olam
Gulf bourses subdued, Saudi closed for public holiday
Estonia has launched a new push to get fellow EU members to agree to seize frozen Russian assets and use them to help Ukraine ...
Human Rights Watch7h
Saudi Arabia: Egyptian at Risk of Forced Return
Saudi authorities should not extradite Ahmed Kamel to Egypt, where he is at serious risk of arbitrary detention and torture ...
اخبار 2412m
Saudi Arabia launches first aircraft industrial zone in Jeddah
Saudi Arabia launched today the first industrial zone for aircraft manufacturing and maintenance in Jeddah, during the ...
Zawya17m
Saudi German Health supports Padel Social Club Tournament as diamond sponsor
In line with this commitment, SGH ensured the safety of all participants throughout the event. Image Courtesy: SGH ...
Thanks to Trump, Saudi Arabia Gets a Big Week in International Diplomacy
Riyadh is hosting U.S., Russian and Arab officials for high-stakes talks on Ukraine and Gaza, more proof of its regional ...
Trump speech at Saudi-backed event highlights questions over business ties
President Trump's son-in-law Jared Kushner, the Trump Organization and Trump golf courses have business connections to the ...
Zawya1h
Saudi Arabia mandates banks for Euro 7-year green, 12-year conventional bonds
Saudi Arabia has mandated banks for a potential Euro-denominated dual tranche Reg S / Rule 144A offering, consisting of a ...
What to Know About the Saudi Crown Prince’s Role in Global Diplomacy
The kingdom’s de facto leader, Crown Prince Mohammed bin Salman, was once shunned in diplomatic circles. Now he is playing an ...
Saudi Arabia Unveils Currency Symbol to Promote Financial Status
Saudi Arabia has introduced a new symbol for its local currency as part of efforts to establish the kingdom as a global ...
Trump, schmoozing Saudis, plays two roles: President and mogul
In back-to-back events last week, President Donald Trump held court with Saudi government officials and investors who do ...