Olam Group Limited has announced significant progress in its efforts to sell its remaining 32.4% stake in ARISE P&L Limited. The company has secured approvals from various lenders, a crucial step towards obtaining the necessary consents from ARISE P&L shareholders and regulatory authorities. The completion of this proposed sale, initially announced on 17 April 2025, was expected by 31 December 2025, contingent on receiving all required approvals.
The sale is part of a conditional agreement between Olam International Limited and Equitane DMCC. The company has emphasised its intention to finalise the transaction as soon as practicable once all conditions are met. Olam Group has committed to keeping shareholders informed of any material developments, in line with Singapore Exchange Securities Trading Limited’s listing requirements.
Shareholders are advised to exercise caution when trading shares, as the completion of the sale is not guaranteed. The company has urged shareholders to consult professional advisers if they have any concerns regarding their investments.
Olam Group, a leading food and agri-business, continues to focus on its mission to ‘Re-imagine Global Agriculture and Food Systems’. Headquartered in Singapore, the company ranks among the top 30 largest primary listed companies on the Singapore Exchange by market capitalisation.
