SINGAPORE: Singapore-based commodity trader Olam Group Ltd said on Thursday it does not expect the IPO of its food ingredients unit to take place as originally planned during the second quarter.
The company had announced plans in August for Olam Food Ingredients to pursue a primary listing in London, in an IPO that sources said could raise about 2 billion pounds. This would have made it one of the biggest London IPO in years.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!