Fri, Mar 6, 2015
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Temasek-led group offers $2.1 bln for remaining Olam shares

Posted on 17 March 2014

A Temasek-led shareholders group has offered to pay $2.1 billion in cash for shares in Olam International Ltd (OLAM.SI) they don’t already own, putting the heft of the Singapore state investor behind the commodity trading firm’s weak balance sheet.
The proposal comes after a tumultuous stretch for Olam, one of the world’s leading traders in rice, coffee and cocoa, that saw it come under attack from short-seller Muddy Waters in late 2012 for its accounting practices………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15858 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
M T W T F S S
« Feb    
 1
2345678
9101112131415
16171819202122
23242526272829
3031