Olam to sell 44.6% stake in agribusiness to Saudi Arabia for $1.8 billion, shares jump
(Reuters) -Singapore-based Olam Group on Monday said it will sell a 44.58% stake in its agricultural products business Olam ...
Olam to sell 44.6% stake in agribusiness to Saudi Arabia for $1.8bln, shares jump
The transaction values Olam Agri at $4bln, higher than the $3.5bln valued at the transaction in December 2022 when it sold a 35% stake, and will give SALIC an 80% controlling stake in the business ...
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CBN vows to strengthen Nigeria-Saudi economic ties
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has restated the bank’s commitment to boosting economic cooperation between Nigeria and the Kingdom of Saudi Arabia.According to a press ...