Olam Agri

Olam's 1HFY2022 earnings marginally up by 1.8% to $429.1 mil as it continues reorganisation plan - THE EDGE SINGAPORE

Results

Olam's 1HFY2022 earnings marginally up by 1.8% to $429.1 mil as it continues reorganisation plan

Olam is cautiously optimistic about its prospects for the rest of 2022.

Company in the news

Olam Agri secures $1.03 bil medium term loan facility

Proceeds from the facility will be applied towards the refinancing of Olam Agri’s existing loans for general corporate purposes.
Olam Agri IPO can only be launched after the next two years, says Olam CEO Sunny Verghese - THE EDGE SINGAPORE

IPO

Olam Agri IPO can only be launched after the next two years, says Olam CEO Sunny Verghese

This follows an earlier announcement that SALIC is acquiring a 35.4% substantial minority stake in Olam Agri for US$1.24 bil.
Olam sells 35.4% stake in Olam Agri to Sudi investment fund for US$1.24 bil - THE EDGE SINGAPORE

M&A

Olam sells 35.4% stake in Olam Agri to Saudi investment fund for US$1.24 bil

The transaction values Olam Agri at an equity valuation of US$3.5 billion.
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