White & Case Advises on Olam Group’s $2.58 Billion Agribusiness Stake Sale to Saudi’s SALIC

White & Case, along with Singapore’s WongPartnership, are providing advisory services in the transaction involving Olam Group’s sale of a significant 65% stake in its agribusiness unit to Saudi Agriculture & Livestock Investment Company (SALIC). The deal, valued at $2.58 billion, is expected to proceed in two tranches. Notably, this move marks Olam’s second stake sale to SALIC, following the Saudi company’s acquisition of a 35.4% stake in 2022 for a reported $1.24 billion. Detailed information on the transaction is available in the original article.