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Olam in Talks to Sell Stake in Agribusiness Unit to Saudi Arabia Firm -- Update

By MarketWatch   |   Nov 1, 2024 at 05:00 AM EST
Olam in Talks to Sell Stake in Agribusiness Unit to Saudi Arabia Firm -- Update

Olam Group is in talks to sell its agricultural-products business to Saudi Agricultural and Livestock Investment Co. Shares surged as much as 17% on news of the potential sale, with no definitive terms agreed upon yet. Salic owns a 35.

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