Olam, Saudi Arabia and Agri

Saudi Arabia to buy control of Olam's agribusiness for $1.8 billion; shares jump
Saudi Arabia's agricultural and livestock investment firm SALIC has agreed to buy a 44.58% stake in Singapore-based Olam Group's agricultural products business Olam for 1.78 billion, the companies said on Monday.
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 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 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.

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