April 14 (Reuters) - Olam Group Ltd OLAG.SI:
TO ALLOCATE $2 BILLION TO DE-LEVER BALANCE SHEET
TO RE-INITIATE SHARE BUYBACKS
TO INVEST US$500 MILLION OF EQUITY INTO OFI
TO DISTRIBUTE PROCEEDS TO SHAREHOLDERS VIA SPECIAL DIVIDENDS
TO SUPPORT STRATEGIC INITIATIVES TO UNLOCK POTENTIAL VALUE OF OFI, LIKE EXPLORING CONCURRENT LISTING IN EUROPE AND IN SINGAPORE
Further company coverage: OLAG.SI
((Reuters.Briefs@thomsonreuters.com;))