In today’s briefing:
- Olam’s Demerger: The Sum Is Probably Greater Than The Whole
Olam’s Demerger: The Sum Is Probably Greater Than The Whole
- The High Court of Singapore has now sanctioned the proposed restructuring of Olam International (OLAM SP) and the proposed listing of OFI Group.
- Entitlement in respect of the Scheme will close on the 11 March. The last day of trading is the 9 March. The listing of OFI is expected in the 2Q22.
- With many grain/agri prices touching record highs amid war in Ukraine, boasting an upstream supply is not a bad thing. But the timing of OFI’s listing could work both ways.
Before it’s here, it’s on Smartkarma
