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Tata Chem pulls out of Olam's Gabon project

They end 2011 plan for Indian firm to take 25.1% stake

OLAM International said on Friday night that Tata Chemicals will no longer be taking a 25.1 per cent equity stake in its fertiliser project in Gabon.

This follows doubt over Olam's ability to divest part of its stake in the capital-intensive project in Western Africa - including doubts...

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