May 31 (Reuters) - Namoi Cotton (NAM) recommended on Friday its shareholders to accept Singapore-based agribusiness Olam Agri's IPO-OLAA.SI A$144.9 million ($96.08 million) takeover offer for the cotton processing company. ($1 = 1.5081 Australian dollars)
News: NAM Australia's Namoi Cotton recommends Olam Agri's $96 mln buyout bid
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