Olam to list food ingredients unit in London after first half profit jump

SINGAPORE – Agricultural commodity trading company Olam has picked London for the initial public offering of its multibillion-pound food ingredients business, as it looks to tap growing investor interest in healthy eating and nutrition.  The listing of Olam Food Ingredients (OFI) is part of a business overhaul flagged last year, under which it created two new core operating businesses: OFI and Olam Global Agri (OGA).  Reuters, citing people privy to the matter, said that the company is considering raising about 2 billion pounds (US$2.8 billion) from the IPO, funds which will…

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