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CCI approves acquisition of shares in Olam Agri Holdings Pte. Ltd. by SALIC International Investment Company

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....CI approves acquisition of shares in Olam Agri Holdings Pte. Ltd. by SALIC International Investment Company <br>News and Press Release<br>Dated:- 31-8-2022<br><BR>The Competition Commission of India (....

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....CCI) approves acquisition of shares in Olam Agri Holdings Pte. Ltd. by SALIC International Investment Company The proposed combination pertains to acquisition of 35.43% stake in Olam Agri Holdings Pt....

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....e. Ltd. (Olam Agri / Target) by SALIC International Investment Company (SIIC / Acquirer). SIIC is an unlisted limited liability company based in Riyadh, Kingdom of Saudi Arabia. It is fully owned and....

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.... controlled by Saudi Agricultural and Livestock Investment Corporation (SALIC). SALIC is a Saudi Arabian investment company, active in the agricultural and food industries with investments both in Sau....

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....di Arabia and other countries. SIIC has been established to hold SALIC's international investments. Olam Agri is a company incorporated and headquartered in Singapore and operates as a merchant and p....

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....rocessor of agricultural goods. It is active throughout the entire value chain of agriculture - farming, procurement, wholesale trading, processing, refining and distributing. More particularly, Olam ....

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....Agri, both directly and indirectly, undertakes sale of various agri-commodities, including rice in India, both at the wholesale and the retail level. Detailed order of the CCI will follow.<BR> News -....

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.... Press release - PIB....