Deals
Olam International Said to Raise $600 Million in Share Offer
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Olam International Ltd., the commodities trader part-owned by Temasek Holdings Pte., is raising $600 million in a share sale to fund acquisitions, three people with direct knowledge of the transaction said.
The company will offer $200 million of the new shares to investors at S$2.60 apiece and a separate $200 million to Temasek, Singapore’s state investment company, at the same price, the people said. A further $200 million will be sold to existing shareholders at S$2.56 a share, they said, declining to be identified as the information isn’t public. The lower price is a