You are here

Olam sells 25% of packaged food business to Sanyo

OLAM International is selling a 25 per cent stake in its packaged food business to Japanese noodle manufacturer Sanyo Foods for US$187.5 million.

Aimed at capitalising on growth opportunities in sub-Saharan Africa, the deal is expected to be completed by October-December this year, which...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to