Olam submits offer to acquire Dangote Flour Mills in Nigeria for $361m
date:Apr 26, 2019
sued shares of DFM that it does not currently own through a scheme of arrangement.

Olam Grains and Animal Feed managing director and CEO K.C. Suresh said: The acquisition of DFM supports the strategy of the grain and animal feed business, one of Olams prioritised platforms for growth, to expand our wheat milling capacity in high-growth markets, such as Nigeria.

We are confident about the growth prospects in this country and this acquisition, doubling our installed capacity here is evidence of
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