Saudi Arabia’s SALIC Moves to Secure 80% Stake in Olam Agri in $1.78 Billion Deal

The Saudi Agriculture & Livestock Investment Company (SALIC) has announced plans to acquire a controlling 44.58% stake in Olam Agri Holdings (Olam Agri) for approximately $1.78 billion. This acquisition, which forms part of a broader transaction, will raise SALIC’s total ownership of Olam Agri to 80.01% upon completion of the first tranche. The deal marks [...]The post Saudi Arabia’s SALIC Moves to Secure 80% Stake in Olam Agri in $1.78 Billion Deal appeared first on Tekedia.

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