Olam Group  - Gd news as it has manged to the regulatory approvals for its proposed US$1.8 billion sale of 44.58 per cent of its agribusiness unit Olam Agri to a Saudi fund. Going forward, they can focus in expanding Olam OFI and hopefully have the IPO listing news soon! Their plan is to pared down assets and repay all debts to gain debts free position.  Hopefully,  can see price rising above 1.00 and perhaps going up further towards 1.20-1.30 level. Pls dyodd. Quote: Olam Group has secured all required regulatory approvals from a total of 21 jurisdictions for its proposed US$1.8 billion sale of 44.58 per cent of its agribusiness unit Olam Agri to a Saudi fund. “The regulatory approvals in respect of the remaining one jurisdiction has been obtained,” Olam said on Thursday (Apr 16). The proposed sale is expected to be completed “in due course” and is the first of two tranches in Olam’s...