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. 

19/12/2022 at 16h12, by Africa Business+

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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The background information from Jeune Afrique Business+.

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