LDC tops Olam Agri offer for Namoi Cotton

Louis Dreyfus Company has surpassed rival Olam Agri Holdings' most recent bid for Australia's Namoi Cotton.LDC, which already owns 17% of Namoi, offered to buy the remaining shares for A$0.67 each, 31% higher than its initial offer in January. That’s 1 cent above Olam Agri’s bid...