Olam Group To Allocate $2 Billion To De-Lever Balance Sheet

About this update from Olam Group Limited

Olam Group Ltd SGX:VC2 : TO ALLOCATE $2 BILLION TO DE-LEVER BALANCE SHEET TO RE-INITIATE SHARE BUYBACKS TO INVEST US$500 MILLION OF EQUITY INTO OFI TO DISTRIBUTE PROCEEDS TO SHAREHOLDERS VIA SPECIAL DIVIDENDS TO SUPPORT STRATEGIC INITIATIVES TO UNLOCK POTENTIAL VALUE OF OFI, LIKE EXPLORING CONCURRENT LISTING IN EUROPE AND IN SINGAPORE

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