wonghy
:
The Saudi investor is offering US$4B, which values the OA about the same as the price they acquired the initial stake of approx 35% in 2022. In other words, the investor is not paying any premium (over 2022 valuation of OA) for the remaining. Using Olam's latest NTA may be a better gauge to predict how far it may go if this offer is accepted by the BOD.
JJ trader : Really one night stand.
101640236 : Saudi $4b takeover of Olam Agri subsidiary…
101640236 : Can anyone determine how much profit from book value?
wonghy : The Saudi investor is offering US$4B, which values the OA about the same as the price they acquired the initial stake of approx 35% in 2022. In other words, the investor is not paying any premium (over 2022 valuation of OA) for the remaining. Using Olam's latest NTA may be a better gauge to predict how far it may go if this offer is accepted by the BOD.