Thursday, 15 September 2016

Share Market Update : Commodity trader Olam hunts bolder deals after US$2 bil spree .

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Olam International, one of the world's biggest nourishment products brokers, is focusing on more acquisitions one year from now after a US$2 billion ($2.7 billion) spree since late 2014 including bargains in cocoa, peanuts and wheat. 

"We have enough dry powder to execute both our natural and inorganic development procedure," Chief Executive Officer Sunny Verghese said in a meeting in Singapore.

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