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Olam completes ADM acquisition

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

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

Singapore

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

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