<article>China Auto Electronics has received a privatisation offer while Olam is acquiring Swiss coffee specialist firm Schulter.</article>

China Auto Electronics has received a privatisation offer while Olam is acquiring Swiss coffee specialist firm Schulter.
<h3 style="text-align: justify;">China Auto receives delisting offer</h3>
<a style="color: #000080;" href="http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=32318274" target="_blank">China Auto Electronics Group</a> has received a 16 cents per share offer from its top management to take the company private.
The offer price is 23 per cent higher than China Auto’s last traded price of 13 cents and was made through THB Auto Electronics whose shareholders include executive director Wang and other senior managers and retired directors of the company.
According to the offeror, the delisting is being motivated by low liquidity on the Singapore bourse. A delisting exercise will reduce compliance costs and enable greater management flexibility.
<h3 style="text-align: justify;">Olam acquires Schulter in $7.5m deal</h3>
Agribusiness <a style="color: #000080;" href="http://dealstreetasia.com/tag/olam-international" target="_blank">Olam International</a>, backed by <a style="color: #000080;" href="http://dealstreetasia.com/tag/temasek-holdings" target="_blank">Temasek Holdings</a> through its subsidiary <a style="color: #000080;" href="http://dealsteetasia.com/tag/breeden-investments" target="_blank">Breeden Investments</a>, has acquired a 100% stake in <a style="color: #000080;" href="http://www.schlutercoffee.co.uk" target="_blank">Schulter S.A.</a>, an East African coffee specialist, for $7.5 million (S$10.44 million).
Funded by a combination of internal accruals and existing debt facilities, the transaction will see the family-owned business, based in Switzerland,  become the speciality arm of Olam Coffee in Europe.
Schulter specialises in trading East African Arabica coffees and is a founding member of the Specialty Coffee Association in Europe.
Vivek Verma, Managing Director and CEO of Olam Coffee, said: &#8220;Our entry into the European specialty coffee market will complement our expanding speciality coffee presence in the US; Schluter will also deepen our origination expertise in East Africa.&#8221;
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China Auto Electronics has received a privatisation offer, while Olam is acquiring Swiss coffee specialist firm Schulter. 

SG Dealbook: China Auto gets delisting offer; Olam buys Schulter in $7.5m deal

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SG Dealbook: China Auto gets delisting offer; Olam buys Schulter in $7.5m deal

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