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Olam sells 50% stake in Indonesian sugar refinery to Mitr Phol

Singapore

OLAM International is selling a 50 per cent stake in its wholly owned subsidiary Far East Agri Pte Ltd to Thai-land's Mitr Phol Sugar Corporation as part of a strategic partnership to expand in the Indonesian sugar sector.

Mitr Phol will pay US$100 million for the 50 per

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