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Mitsubishi acquires 20 per cent stake in Olam International

2015-08-28 12:52:00| Food - Topix.net

SINGAPORE: Japan's Mitsubishi Corp will acquire a 20 per cent stake in Singapore-listed Olam International in two separate deals worth a total of S$1.53 billion. In a statement on Friday , Olam said it will issue 332.7 million shares to Mitsubishi at S$2.75 apiece, or about 12 per cent of the company's enlarged share capital.

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