Singapore's Olam receives buyout offer for agri unit from Saudi's SALIC amid IPO delays

Singapore's Olam receives buyout offer for agri unit from Saudi's SALIC amid IPO delays

Olam almonds are seen in this illustration photo September 12, 2017. REUTERS/Thomas White/Illustration/ File Photo

Singapore-based Olam Group said on Friday that Saudi Agricultural and Livestock Investment (SALIC) had made an offer to buy its remaining stake in Olam Agri.