Singapore’s Olam International to buy Dangote Flour Mills

April 23 (Reuters) – Singapore-based commodity trader Olam International on Tuesday said it will buy Nigeria’s Dangote Flour Mills for an enterprise value of 130 billion naira ($424.9 million).

The deal will be funded by internal cash resources and exiting borrowing, Olam added. ($1 = 305.9500 naira) (Reporting by Syed Saif Hussain Naqvi in Bengaluru Editing by David Goodman)


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