The Group will invest $500 million in its food ingredients business, ofi (Olam Food Ingredients), to fuel strategic growth initiatives and position it for future opportunities Olam Group Limited announced details of its Updated Re-organisation Plan, following the proposed sale of its remaining 64.57 per cent stake in Olam Agri[Read More…]
Tag: Olam Group
Singapore’s Olam Group to divest majority stake in Olam Agri to SALIC
This strategic divestment follows SALIC’s earlier acquisition of a 35.43 per cent stake in Olam Agri in December 2022, valued at $3.50 billion Singapore-based Olam Group Limited (OGL) has announced its decision to sell a controlling 80.01 per cent stake in Olam Agri Holdings to Saudi Agriculture & Livestock Investment[Read More…]
