SG's Olam seeking $3b in London listing of food ingredients unit

SG's Olam seeking $3b in London listing of food ingredients unit

Photo: Reuters

Olam International is considering raising about 2 billion pounds ($2.8 billion) through a London listing of its food ingredients unit next year, sources familiar with the matter said on Friday, as the Singapore-based trading house seeks to boost its valuation and step up acquisitions.