SINGAPORE, June 1 (Reuters) - Singapore's Olam International said on Monday it has agreed to sell 13.76 percent of its enlarged capital to state investor Temasek Holdings [TEM.UL] for S$437.5 million ($303.2 million).
Olam said the deal, which would make Temasek the second biggest shareholder in the commodity company, is aimed to boost its future growth. ($1=1.443 Singapore Dollar)
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-- OLAM INTERNATIONAL <OLAM.SI>
- Olam International said on Monday it has agreed to sell
13.76 percent of its enlarged capital to state investor Temasek
Holdings [TEM.UL] for S$437.5 million ($303.2 million).
[ID:nSIN420474]
Olam said the deal, which would make Temasek the second
biggest shareholder in the commodity company, is aimed to boost
its future growth.
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