Olam Group Advances Re-organization with Strategic Divestments and Investments

Olam Group ( (SG:VC2) ) just unveiled an update.

Olam Group has announced the next steps in its re-organization plan, following the proposed sale of its remaining stake in Olam Agri to SALIC. The plan includes right-sizing the Remaining Olam Group’s capital structure by allocating $2 billion to eliminate debt, investing $500 million into ofi for strategic growth, and divesting all remaining assets to distribute proceeds to shareholders. The re-organization aims to focus on value creation for ofi, with funding sourced from the sale of Olam Agri and asset divestments.

More about Olam Group

Olam Group Limited is a diversified company operating in the agriculture and food ingredients industry. It has structured its business into three main segments: Olam Food Ingredients (ofi), Olam Agri, and the Remaining Olam Group. The company focuses on maximizing shareholder value through strategic carve-outs, capital raising, and asset divestments.

YTD Price Performance: -31.13%

Average Trading Volume: 24,386

Technical Sentiment Signal: Strong Buy

Current Market Cap: $2.44B

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