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Olam ready to deploy US$2b to take advantage of buyer's market

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Published Mon, Sep 21, 2015 · 09:50 PM

    London

    COMMODITY trader Olam International Ltd is ready to deploy almost US$2 billion on acquisitions to take advantage of slumping agricultural commodity prices.

    "We are begging to enter a buyer's market," said Sunny Verghese, chief executive officer of Olam, which is 51 per cent held by Temasek Holdings Pte. "We will do bigger deals that really move the needle for us."

    Sunny VergheseCommodities

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