Olam International Ltd. (OLMIF) - OTCPK - Current
  • Aug. 28, 2015, 7:47 AM
    • Mitsubishi (OTCPK:MSBHY) is buying a 20% stake in Olam International (OTCPK:OLMIY), valuing the agri-trader at about $5.5B.
    • Olam said it will issue 332.7M new shares to Mitsubishi at S$2.75 per share, amounting to about 12% of its total capital.
    • The Japanese company will also buy about 222M secondary shares from the founding Chanrai family, representing about 8% of Olam.
    | Aug. 28, 2015, 7:47 AM
  • Aug. 27, 2015, 1:36 PM
    • Mitsubishi Corp. (OTCPK:MSBHY) plans to acquire a 20% stake in Olam International (OTCPK:OLMIY, OTCPK:OLMIF) for $1.07B.
    • Olam is a major player in many food commodities markets, including coffee beans where it ranks as the third largest trader.
    | Aug. 27, 2015, 1:36 PM
  • Aug. 7, 2015, 8:04 AM
    • According to a new SEC filing, Olam International's (OTCPK:OLMIY) $1.3B deal to acquire Archer Daniels Midland's (NYSE:ADM) global cocoa business has been delayed for a second time.
    • ADM now expects the transaction to close in the fourth quarter.
    | Aug. 7, 2015, 8:04 AM
  • Jan. 21, 2015, 6:58 AM
    • Olam International (OTCPK:OLMIY) is paying $3M to settle U.S. regulatory claims that it breached trading limits in cocoa derivatives.
    • The fine comes just weeks Olam announced plans to buy Archer Daniels Midland's cocoa business for $1.3B, its biggest deal ever.
    | Jan. 21, 2015, 6:58 AM
  • Dec. 15, 2014, 6:46 PM
    • Archer Daniels Midland (NYSE:ADM) agrees to sell its global cocoa business to Olam International (OTCPK:OLMIF) for $1.3B.
    • The deal brings an end to ADM's year-long effort to offload its chocolate and cocoa businesses, after earlier selling its smaller chocolate business to Cargill for $440M.
    | Dec. 15, 2014, 6:46 PM
  • May 9, 2013, 7:48 AM
    Thai stocks (THD) continue to make new 19-year highs as the SET rises 0.4% to 1,621. In other regional action, Malaysian (EWM) equities lagged (-0.5%) for the second day in a row as the post-election euphoria wears off and stocks in Singapore (EWS) jump 0.6% on agribusiness earnings optimism (Olam OLMIF.PK +2.6%, Wilmar WLMIY.PK +1.2%).
    | May 9, 2013, 7:48 AM
Company Description
Olam International is a leading global integrated supply chain manager and processor of agricultural products and food ingredients, supplying various products across 16 platforms in 65 countries.
Sector: Financial
Industry: Diversified Investments
Country: Singapore