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SG's Olam to invest $500m in food ingredients business, sell the rest

SG's Olam to invest $500m in food ingredients business, sell the rest

FILE PHOTO: An Olam logo is pictured in their office in Singapore August 14, 2017. REUTERS/Edgar Su/File Photo

Singapore-based food conglomerate Olam Group said on Monday it would invest $500 million in its food ingredients business and divest all remaining businesses and assets over time.

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