Olam International
Olam International is a major food and agri-business company, operating in 60 countries and supplying food and industrial raw materials to over 20,900 customers worldwide.
See below for the Latest Olam International News, Analysis, Profit Results, Share Price Information, and Commentary.
Olam Agri refutes allegations of Nigeria business’ involvement in multi-billion dollar fraud
Olam Agri refutes allegations of Nigeria business’ involvement in multi-billion dollar fraud
The company said reports that it funnelled US$34b into the Central Bank of Nigeria are “inaccurate.”
Olam unit prices US private placement
It will issue notes worth US$125m.
Olam unit bags US$1.75b sustainability-linked loan
Nineteen banks participated in the facility.
Keppel REIT bumps off Olam Group in STI reserve list
STI constituents, on the other hand, were unchanged.
Olam Group subsidiary secures multi-tranche sustainability-linked loan
Olam food ingredients (ofi) seeks to deliver sustainable food and beverage ingredients.
Lower almond yields and high-interest rates lower Olam Group’s H1 PATMI
The SGX-listed group posted $47.9m PATMI in the first half (H1) of 2023.
Olam Group PATMI down 8.3% YoY to $629.1m in 2022
Its PATMI for H2 FY2022 declines by 24.5% YoY to $200m.
Olam Agri bags $2.7b bridge financing
It will fund Olam Group’s reorganisation plan.
H910N sets the stage for a premium and flavourful creamy chocolate experience
With notes of natural cocoa that give a flavour experience that is chocolatey with hints of red fruits and little to no bitter aftertaste.
Olam unit receives US$1.98b sustainability-linked loan
Olam unit secures loan from 19-bank consortium.
Olam Agri bags US$2.9b facility for refinancing of existing loans
The facility was based on Poseidon Principles.
Olam Group PATMI up by 1.8% in H1
Revenue for the half-year increased by 24.6%.
Olam Agri secures $1.03b loan from UAE banks
The loan will be used to pay for some of the firm’s existing debts.
Brewing soon: Olam subsidiary to acquire Canada’s Club Coffee
The transaction is expected to finish in the second quarter of 2022.
OLAM Group to sell 35.4% stake in Olam Agri for $1.7b
Proceeds will go towards right-sizing Olam Group’s capital structure, amongst others.
Olam posts all-time high operational PATMI 41.8% increase to $961.1m
Thanks to the group's reorganisation.
Olam to divest remaining stakes in ARISE IIP, ARISE IS for $254.55m
This leaves the company with only a 32.4% stake in the ARISE group.
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