Singapore's Olam Agri sweetens bid for Australia's Namoi Cotton to $104m

Singapore's Olam Agri sweetens bid for Australia's Namoi Cotton to $104m

Photo: Reuters

Singapore’s agribusiness Olam Agri increased its takeover bid for Australia’s Namoi Cotton to A$155.2 million ($104.36 million) on Friday, days after the cotton ginning firm backed a lower offer from a rival bidder.