Olam extends deadline for Namoi Cotton acquisition offer

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pstrongOlam offered up to $0.62 per share for at least 90% stake in Namoi Cotton./strong/p pOlam Group has extended the closing date of the offer to acquire all shares of Namoi Cotton through its 64.57%-owned subsidiary, Olam Agri./p pThe extended closing date will be on 13 August, 7 pm Sydney time.

Olam Group has extended the closing date of the offer to acquire all shares of Namoi Cotton through its 64.57%-owned subsidiary, Olam Agri.Olam Group said the offer price may be increased to $0.62 apiece if it obtains at least 90% of Namoi’s shares before the end of the offer period.

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