Olam Group Announces Completion of $1.88B Sale of a 44.58 Pct Stake in Olam Agri to SALIC

By Lynda Kiernan-Stone Olam Group announced the completion of its Tranche 1 sale of a 44.58 percent stake in Olam Agri to Saudi Agriculture & Livestock Investment Company (SALIC) for approximately $1.88 billion. This finalized transaction now makes SALIC the majority owner with an 80.01 percent share. Olam Group is retaining the remaining 19.99 percent […]