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Olam to acquire ADM's cocoa business for S$1.7b

2014-12-16 02:04:15| Agriculture - Topix.net

The acquisition establishes Olam as one of the world's top three cocoa processors, the company said in a filing to the Singapore Exchange on Tuesday. SINGAPORE: Mainboard-listed agri-business giant Olam International said on Tuesday it will acquire the global cocoa business of Archer Daniels Midland for US$1.3 billion .

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