Partnership | DSA x FT Professional - Leaderboard

Olam to sell 44.6% stake in agribusiness unit to Saudi Arabia for $1.8b

Olam to sell 44.6% stake in agribusiness unit to Saudi Arabia for $1.8b

Photo: Bloomberg

Singapore-based Olam Group on Monday said it will sell a 44.58% stake in its agricultural products business Olam Agri for $1.78 billion to state-owned Saudi Agricultural and Livestock Investment Company (SALIC).

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter