Olam Agri-SALIC deal : financial close imminent
The acquisition of 35.4% of Olam Agri by the Saudi Agricultural and Livestock Investment Co (SALIC) has been in the pipeline since last March. It amounts to $1.24 billion.
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▪ Olam Agri-SALIC deal : financial close imminent
▪ The acquisition of 35.4% of Olam Agri by the Saudi Agricultural and Livestock Investment Co (SALIC) has been in the pipeline since last March. It amounts to $1.24 billion.
▪ https://www.africabusinessplus.com/en/814277/salic-buys-into-olam-agri/
According to Africa Business+ sources, Olam Agri expects to close this transaction shortly, marking a critical step in the reorganisation of Olam Group Ltd, the parent company, underway since 2020.
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