A consortium led by Singapore’s state investment firm Temasek Holdings Pte. Ltd. said it will put up 2.53 billion Singapore dollars (US$1.99 billion) to buy the rest of commodity trader Olam International Ltd.
Temasek and its consortium partners—Olam’s founding shareholders and 10 members of Olam’s executive committee including its chief executive—together already own a 52.5% stake. In a filing to the Singapore Exchange, the…
Consortium Led by Singapore"s Temasek Offers to Buy Out Olam International
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