BRIEF-Olam Group To Sell 44.58% Stake In Olam Agri For US$1.78 Billion

Reuters

2025/02/24

BRIEF-<a href="https://laohu8.com/S/VC2.SI">Olam Group</a> To Sell 44.58% Stake In Olam Agri For US$1.78 Billion

Feb 24 (Reuters) - Olam Group Ltd OLAG.SI:

TO SELL 44.58% STAKE IN OLAM AGRI FOR US$1.78 BILLION
PROPOSED SALE OF SHARES IN OLAM AGRI HOLDINGS LIMITED
OLAM GROUP TO SELL A 44.58% STAKE IN OLAM AGRI TO SALIC
OLAM GROUP TO SELL ITS REMAINING 19.99% STAKE IN OLAM AGRI TO SALIC
IMPLIED 100% EQUITY VALUATION FOR OLAM AGRI OF US$4.00 BILLION
ON COMPLETION OF SALE OF TRANCHE 1, OGL WOULD REALISE ESTIMATED GAIN ON DISPOSAL OF US$1.84 BILLION
OGL WOULD RAISE ESTIMATED TOTAL GROSS CASH PROCEEDS OF US$2.58 BILLION FROM SALE

Further company coverage: OLAG.SI

((Reuters.Briefs@thomsonreuters.com;))

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