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CCI approves acquisition of shares in Olam Agri Holdings Pte. Ltd. by SALIC International Investment Company

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..... CCI approves acquisition of shares in Olam Agri Holdings Pte. Ltd. by SALIC International Investment Company - News and Press Release Dated:- 31-8-2022 - News - The Competition Commission of India (CCI) approves acquisition of shares in Olam Agri Holdings Pte. Ltd. by SALIC International Investment Company The proposed combination pertains to acquisition of 35.43% stake in Olam Agri Holdings .....

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..... Pte. Ltd. (Olam Agri / Target) by SALIC International Investment Company (SIIC / Acquirer). SIIC is an unlisted limited liability company based in Riyadh, Kingdom of Saudi Arabia. It is fully owned and controlled by Saudi Agricultural and Livestock Investment Corporation (SALIC). SALIC is a Saudi Arabian investment company, active in the agricultural and food industries with investments both in .....

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..... Saudi Arabia and other countries. SIIC has been established to hold SALIC s international investments. Olam Agri is a company incorporated and headquartered in Singapore and operates as a merchant and processor of agricultural goods. It is active throughout the entire value chain of agriculture - farming, procurement, wholesale trading, processing, refining and distributing. More particularly, .....

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..... Olam Agri, both directly and indirectly, undertakes sale of various agri-commodities, including rice in India, both at the wholesale and the retail level. Detailed order of the CCI will follow. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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