Olam Food Ingredients (OFI)

Olam’s OFI IPO to unlock huge shareholder value: UOB KH - THE EDGE SINGAPORE

Broker's Calls

Olam's OFI IPO to unlock huge shareholder value: UOB KH

The IPO of OFI is expected to be valued at around $8 billion to $14 billion.

Company in the news

Olam well positioned to benefit from diversified supply chain operations amid Ukraine and Russia conflict

Russia and Ukraine account for only 1% of Olam's sales volume, 0.8% of its sales revenues and 0.4% of its invested capital.

Results

Olam International back to black with earnings of $264.9 mil in 2HFY2021; declares second interim dividend of 4.5 cents

OFI will also aim to list in 2Q2022, with a concurrent primary listing in London and a secondary listing in Singapore.

IPO

Credit Suisse may lose lead role on Olam Food's London IPO

The bank was dropped from the roster of lead banks after turning down a loan request, according to sources.
Former Unilever CEO and chair appointed as chair of Olam Food Ingredients - THE EDGE SINGAPORE

New appointments

Former Unilever CEO and chair appointed as chair of Olam Food Ingredients

Niall FitzGerald has been appointed as chair of OFI effective Sept 9.
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