Temasek group has 80.4% Olam stake after offer closes
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TEMASEK Holdings' offer for Olam International closed yesterday with the Singapore investment company and its concert parties holding 80.4 per cent of Olam's issued shares, after acceptances.
With Olam now a Temasek unit, a tumultuous chapter closes for the agri-commodities trader, which has had trouble shaking off the shadow of shortseller Muddy Waters' attackin late 2012.
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