Reuters first to report Olam looks to raise about $3 bln via food ingredients London IPO
Reuters was first to report that Olam International is considering raising about 2 billion pounds through a London listing of […] The post Reuters first to report Olam looks to raise about $3 bln via food ingredients London IPO appeared first on Reuters News Agency.
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Reuters was first to report that Olam International is considering raising about 2 billion pounds through a London listing of its food ingredients unit next year, as the Singapore-based trading house seeks to boost its valuation and step-up acquisitions. The company, one of the world’s biggest agricultural commodity traders, is listing Olam Food Ingredients (OFI) as part of a business overhaul flagged last year to focus on the two core businesses of OFI and Olam Global Agri (OGA) after the sale of sugar, rubber and other portfolios.
The post Reuters first to report Olam looks to raise about $3 bln via food ingredients London IPO appeared first on Reuters News Agency.
