Olam International

Olam posts 20% rise in 2Q earnings to $115 mil

SINGAPORE (Aug 12): Commodities trader Olam International posted a 20% rise in earnings to $114.9 million for the quarter ended June from $95.8 million a year ago, due to improved operational performance in its food category.

Olam to issue US$500 mil of perpetual capital securities

SINGAPORE (July 14): Olam International is to issue US$500 million ($674 million) of perpetual capital securities under its US$5 billion Euro Medium Term Note (EMTN) Programme.

Olam pushes farms in Africa oil producer to stem income fall

JOHANNESBURG (July 6): Gabon and Olam International are trying to persuade young people to take up farming in a nation that faces dwindling crude revenue and imports almost all of its food.
peanuts

In print this week

Why Olam’s US$85 mil peanut acquisition is no monkey business

SINGAPORE (June 10): Olam International on Thursday announced its acquisition of Brooks Peanut Company, the sixth largest peanut processor in the US, at an enterprise value of US$85 million ($115 million).
Olam International logo

Olam acquires remaining stake in Acacia Investments for US$24 mil

SINGAPORE (June 1): Olam International has acquired the remaining 50% stake in Acacia Investments from its joint venture partner for US$24 million ($33.1 million).
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