Takeover battle for Namoi Cotton heats up with fresh bid

Brad ThompsonReporter

May 2, 2024 – 11.31am

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Singapore’s Olam Group has talked up its commitment to Australian farming in seeking to deliver a knockout blow in the battle for Namoi Cotton.

Olam said on Thursday it was willing to pay up to 70¢ a share for Namoi, raising the stakes in a bidding war with French agribusiness giant Louis Dreyfus.

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