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edible nuts

Olam pays $3.1 mil for 29% stake in coffee & nuts JV in Spain

SINGAPORE (Apr 19): Olam International says it has paid 1.88 million euros ($3.05 million) for a 29% stake in a joint venture (JV) company with Guzman Global, the distributor of industrial raw materials as well as coffee & nuts.

Olam sells US farmland assets, enters into revenue sharing model with Farmland Partners

SINGAPORE (Sept 22): Olam International has sold 5,100 acres of its Edible Nuts farmland assets in California to US-listed REIT Farmland Partners Inc (FPI) for US$110 million ($148.2 million).

Broker's Calls

'Hold' tight to Olam for what’s to come

SINGAPORE (May 17): DBS Vickers Securities is keeping its “hold” call on Olam International with a higher target price of $2.15 compared to $2.12 previously.
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