News
01 October 2024

LDC trumps Olam Agri in bidding war for Namoi

In:
Agri/Soft Commodities
Region:
Asia-Pacific

Louis Dreyfus Company raised its buyout offer for Namoi Cotton with a bid that values the Australian cotton ginning firm at A$159.3 million ($110 million) signalling the end of a months-long bidding war as Singapore's Olam Agri effectively surrendered arms.LDC, which also raised its stake in...

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