Olam International raised its offer for NZ Farming Systems Uruguay to 70 cents from 55 cents a day after the target company disclosed a third bidder is looking at the dairy farm develope
Singapore-based Olam will develop a palm-oil plantation covering as much as 300,000 hectares in the southeast of the country.
Olam, multinationale basée à Singapour réalisera un programme de développement de 200.000 hectares de palmeraies pour un investissement total de 800 millions USD.
If the offer is successful, Singapore's Olam will either hold 100 per cent or between 50.1 per cent and 90 per cent of NZ Farming Systems Uruguay
Cash-rich overseas pension funds and investors have been scouting for New Zealand dairy farm investments,
Today's emerging new farm owners are private equity fund managers, specialised farmland fund operators, hedge funds, pension funds, big banks and the like.
Ramakrishna Karuturi does not feature on any international power list. Perhaps he should.
The Australian almond plantations of agribusiness group Timbercorp have been sold to Singapore-based multinational food giant Olam International for $128 million.
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