Olam Group (SG:VC2) has released an update.
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Olam Group is currently exploring a potential sale of its Olam Agri business stake following a non-binding offer from Saudi Agricultural and Livestock Investment Company. While discussions are underway, no definitive agreements have been made, and the company advises shareholders to exercise caution with their investments. This development comes as Olam evaluates strategic options for its Agri unit amid plans for an IPO and business demerger.
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