Namoi Cotton Limited (NAM.AX)
- Bloomberg
Bidding War for Australian Cotton Producer Heats Up as Louis Dreyfus Rebuffs Olam Offer
(Bloomberg) -- Louis Dreyfus Co. won’t support Olam Agri Holding Ltd.’s offer for Namoi Cotton Ltd., as the bidding war between the two major agricultural commodities traders for the Australian producer heats up.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineApple Rallies on Upbeat Forecast, Record-Setting BuybackTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesTrump Auditions VP Picks
- Bloomberg
Olam Ups Offer for Namoi Cotton, Days After Latest LDC Bid
(Bloomberg) -- Olam Agri Holdings Ltd. sweetened its offer for Australia’s Namoi Cotton Ltd., topping a proposal from rival Louis Dreyfus Co. and heating up a bidding war between two top agricultural commodities traders.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaHuawei Secretly Backs US Research, Awarding Millions in PrizesTesla Axes S
- Bloomberg
Dreyfus Tops Olam With Sweetened Bid for Australia’s Namoi
(Bloomberg) -- Agricultural commodities trader Louis Dreyfus Co. has sweetened its offer for Namoi Cotton Ltd. with a takeover bid that, excluding an announced dividend, values the Australian processor at A$123 million ($81 million), topping a rival proposal from a unit of Olam Group last month.Most Read from BloombergMusk Leaves China With Tesla Driving Software Hurdles ClearedMusk Makes Surprise China Visit in Search of Tesla Revenue BoostElliott Built ‘Large’ Stake in Buffett-Favored Sumitomo
