Olam Group, the Singapore-based food and agribusiness conglomerate, is selling its agricultural products business to Saudi Arabia. The Saudi Agricultural and Livestock Investment Co. (Salic ...

Olam Group—founded by Singaporean tycoon Sunny Verghese—is selling its remaining stake in its agribusiness unit to Saudi Agriculture and Livestock Investment Company (SALIC) in a deal valued ...

SINGAPORE–Singapore-based Olam Group VC20.00%increase; green up pointing triangle has agreed to sell its remaining stake in its agricultural products business to state-owned Saudi Agricultural ...

The $1.78 billion deal will almost double the stake that Saudi Agricultural & Livestock Investment Co., or Salic, has in Olam Agri Holdings to 80%, and see Olam become a more slimmed down company ...

The Saudi company bought a 35.43% stake in Olam Agri in 2022 for $1.24 billion, putting the business’s equity value at about $3.5 billion. Salic is wholly owned by Saudi Arabia’s Public ...

Olam Group's profit drops on rising commodity prices, finance costs Singapore's Olam Group reported a slump in its full-year underlying profit on Friday, impacted by an increase in net finance ...

Olam, headquartered in Singapore, is a leading food and agri-business with a value chain spanning over 60 countries. The group has three businesses: ofi, which handles ingredients like cocoa ...