Namoi Cotton

M&A

Olam raises Namoi cotton bid after board favours Louis Dreyfus

Olam raised its bid to A$0.75 per share from A$0.70.

Offer

Olam ups its takeover offer for Namoi to 70 Australian cents

Shares in Olam Group closed flat at $1.16 on May 7.

Offer

Olam Agri to acquire shares in Namoi Cotton at 66 Australian cents apiece

The offer will be increased to 70 Australian cents if Olam Agri obtains a relevant interest in at least 90% of shares in Namoi.
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