Singapore's Olam to form two businesses as part of revamp, may list them

Photo: Reuters

Commodity trader Olam International said on Monday it will create two separate businesses focused on food ingredients and agricultural supply and may look to list them as part of its multi-year revamp.

The decision comes a year after the Singapore-based firm exited four businesses and said it was investing $3.5 billion in key growth areas, such as edible nuts, coffee and cocoa.

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