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Olam gets another Temasek boost

The most immediate beneficiary of the buyout is the company's creditworthiness
Saturday, March 15, 2014 - 06:00

TEMASEK is extending a protective arm around Olam. The Singapore investor is leading a group which has offered to buy the 48 per cent of the commodity trader it doesn't already own at a valuation of US$4.3 billion. The buyout should help to shield Olam from sceptical short sellers - and remove

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