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Food Trader Olam Eyes $2 Billion Opportunity for M&A From Crisis

2015-09-21 04:16:27| Grocery - Topix.net

Olam International Ltd., a commodity trader controlled by Singapore's state investment company, is ready to deploy almost $2 billion on acquisitions to take advantage of slumping agricultural commodity prices. "We are begging to enter a buyer's market," Sunny Verghese, chief executive officer of Olam, held 51 percent by Singapore's Temasek Holdings Pte, said in an interview.

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