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Tag: olam
Olam expands operations
2015-10-06 04:46:22| Agriculture - Topix.net
Olam Ghana Ltd has taken over operations of Archer Daniels Midland Ghana Ltd, a cocoa paste manufacturing company in Kumasi. The $1.3 billion deal, which will be concluded in October this year, adds to Olam's current cocoa purchasing and other businesses in the country.
Tags: operations
expands
olam
expands operations
Food Trader Olam Eyes $2 Billion Opportunity After Crisis
2015-09-21 09:36:59| Food - Topix.net
"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. "We will do bigger deals that really move the needle for us."
Tags: food
eyes
opportunity
billion
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.
Tags: from
food
eyes
opportunity
Olam to deploy $1.94bn for acquisitions
2015-09-21 01:00:00| Food Processing Technology
Singapore-based commodity trader Olam International plans to use S$2.72bn ($1.94) on acquisitions as it intends to benefit from the global slump of agricultural commodity prices.
Tags: acquisitions
deploy
olam
Mitsubishi acquires 20 per cent stake in Olam International
2015-08-28 12:52:00| Food - Topix.net
SINGAPORE: Japan's Mitsubishi Corp will acquire a 20 per cent stake in Singapore-listed Olam International in two separate deals worth a total of S$1.53 billion. In a statement on Friday , Olam said it will issue 332.7 million shares to Mitsubishi at S$2.75 apiece, or about 12 per cent of the company's enlarged share capital.
Tags: international
cent
mitsubishi
stake