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Olam International

Company nameOlam International
Company typePublic
IndustrySupply Chain Management of agricultural commodities
Revenue(+) $10.455 billion SGD (2010) of Sales
Net income(+) $359.7 million (2010)
Employees13,420 (2009)

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Olam International (Sgx - o32) is a Singapore-based enterprise in the supply chain management of agricultural products and food ingredients, sourcing 20 products with a direct presence in over 60 countries and supplying them to over 10,000 customers in more than 55 destination markets.[

Olam International trades agricultural commodities such as cocoa, coffee, cashew, sesame, rice and teak. Headquartered in Singapore, it went public in February, 2005 and ranks among the top 40 largest listed companies in Singapore in terms of market capitalization.

On September 24, 2010, Reuters reported that Olam is in talks with Louis Dreyfus over possible cooperation, with a merger among the options, news that drove Olam's shares up.[ Olam on it's part confirmed the news and placed a holding announcement to its shareholders. "The company wishes to inform shareholders that it had engaged in preliminary confidential discussions with Louis Dreyfus Commodities in relation to a possible business collaboration which may take the form of, among others, a merger," Olam said in that statement. The talks between Louis Dreyfus and Olam underscore sector consolidation as global players expand across commodities to take advantage of booming demand driven by a rising world population and fast-growing emerging economies.

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