NAM namoi cotton limited
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News: NAM Louis Dreyfus sweetens offer for Namoi Cotton as bidding war with Olam Agri heats up

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    07/05/24
    09:10
    Post #: 73697103

    May 7 (Reuters) - Australia's Namoi Cotton on Tuesday said its second-largest shareholder, Louis Dreyfus, planned to sweeten its offer to buy the rest of the Australian cotton producer, valuing it at A$138.6 million ($91.79 million), heating the bidding war with rival bidder Olam Agri IPO-OLAA.SI .

    ($1 = 1.5099 Australian dollars)

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