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Olam Agri
M&A
Saudi Arabia bids to acquire Olam Agri unit at US$4 billion valuation (update)
Olam Group shares rose as much as 9.4% in Singapore on Friday, the biggest intra-day gain since Aug 13, before easing slightly.
27 days ago
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.
September 13, 2024
Results
Olam’s 1HFY2024 earnings up 0.4% y-o-y to $48.1 mil, ebit up 8.3% y-o-y to $888 mil on growth from OFI
Olam has declared an interim dividend of 3 cents per share for the period.
August 14, 2024
Stocks To Watch
Olam: From Muddy Waters to IPO plans
As of now, neither one of the IPOs planned has materialised.
July 18, 2024
Company in the news
Olam Agri secures US$550 mil revolving credit facility
Proceeds will be applied towards refinancing of Olam Agri’s existing loans.
June 25, 2024
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.
May 02, 2024
Islamic finance
Olam Agri secures inaugural US$625 mil Shariah-compliant financing facility
The commodity Murabaha facility has a diverse group of global investors including the UAE, Malaysia, Singapore and Hong Kong.
April 04, 2024
M&A
Olam Agri acquires Senegal’s Avisen for EUR17 mil
The acquisition is expected to be earnings accretive from 2024 onwards.
March 04, 2024
New appointments
Olam Group appoints new directors to Olam Agri's board
The appointments are effective on July 1.
July 03, 2023
IPO
Olam Agri IPO not happening in 1H2023
The company continues to pursue Olam Agri IPO at the next practical window.
May 30, 2023