January 19, 2020 / 11:40 PM / a month ago

Singapore's Olam to reorganise into two businesses

Jan 20 (Reuters) - Commodity trader Olam International said on Monday it will reorganise itself into two separate businesses focused on food ingredients and agricultural supply and may look at initial public offerings for them.

Last year, the Singapore-based firm exited four businesses, and said it was investing $3.5 billion in key growth areas. (Reporting by Nikhil Kurian Nainan in Bengaluru; Editing by Stephen Coates)

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