Olam ARISE P&L stake sale remains ‘uncertain’ as approvals are pending

Singapore Business Review
2026.01.14 04:05
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Olam Group Limited's sale of a 32.4% stake in ARISE P&L Limited remains uncertain as it awaits shareholder and regulatory approvals. Initially expected to close by the end of last year, the transaction is now conditional on these approvals. The sale was first announced in April 2025 under a conditional agreement with Equitane DMCC. Olam plans to complete the disposal as soon as all approvals are obtained and will provide updates as required by the Singapore Exchange.