Olam chomps on ADM’s cocoa beans

Temasek-backed commodities company Olam buys Archer Daniel Midland's cocoa business for $1.3 billion in its biggest acquisition ever.

Singapore-listed commodities company Olam International struck a deal on Tuesday to buy US grains giant Archer Daniel Midland’s cocoa business at an enterprise value of $1.3 billion, in its largest acquisition to date.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media