date:Jun 25, 2014
Olam International (Olam) has announced a partnership with Mitsubishi Corporation of Japan (MC) in which MC will invest US$64m for an 80% equity interest in wholly owned subsidiary, Olam Grains Australia (OGA). The partnership will leverage growth opportunities in the Australian Grains business.
The enterprise valuation at 100% of OGA is US$80.0 million, including working capital delivered at closing. The price consideration was determined on a willing-buyer, willing-seller basis.
OGAs busines