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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Financials, Market

Olam said to be proposing $600 mln share sale to Temasek, shareholders

Posted on 07 June 2011

Olam International Ltd. (OLAM), the commodities trader part-owned by Temasek Holdings Pte., is raising $600 million in a share sale to fund acquisitions, three people with direct knowledge of the transaction said.
The company will offer $200 million of the new shares to investors at S$2.60 apiece and a separate $200 million to Temasek, Singapore’s state investment company, at the same price, the people said………………………………………Full Article: Source


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