You are here

Olam completes ADM acquisition

Deal is completed at an enterprise value of US$1.2b on a cash free and debt free basis

"This is a transformation of an already strong business platform with attractive market prospects," said Mr Verghese.


AFTER some delay, Olam International has finally completed the acquisition of ADM's global cocoa business which was announced in December last year.

The deal was completed on Oct 16 at an enterprise value of US$1.2 billion (on a cash free and debt free basis) and will

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom