14.03.2014 - Temasek unit offers to buy Olam in $4.2 bln cash deal
A Temasek Holdings Pte unit offered to buy Olam International Ltd. in a bid that values the commodity trader at S$5.3 billion ($4.2 billion), about 16 months after it helped stave off an attack by short-seller Carson Block. Breedens Investments Pte is offering S$2.23 cash per share, the Singapore-based company said today in a statement, a 12 percent premium to Olamís last closing price of S$1.995. It is also making an offer for Olamís outstanding bonds and warrants...............................................Full Article: Source
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