(Bloomberg) -- Olam Group Ltd. has entered the race for Namoi Cotton Ltd. as two of the world’s biggest agricultural traders jostle to buy Australia’s...
-- Olam Group Ltd. has entered the race for Namoi Cotton Ltd. as two of the world’s biggest agricultural traders jostle to buy Australia’s largest processor of the commodity.Trump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamA unit of Olam Group offered 59 Australian cents a share, including a special dividend of 1 cent a share, valuing the cotton processor at about A$122 million , according to a statement. The non-binding bid is 16% more than a rival offer from Louis Dreyfus Co.
China’s booming EV market puts these 3 companies on the path to growth. Here’s what sets them apart—and the challenges they have to faceAsian shares bounced while gold prices and Japan's Nikkei jumped to record highs on Thursday after the U.S. Federal Reserve indicated it would stick with plans for cutting interest rates. Japan's Nikkei went up 1.5% to a fresh peak over 40,000 in early trade. MSCI's broadest index of Asia-Pacific shares outside Japan jumped 1.6%.
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