Singapore's Olam eyes IPO of two new groups in business reshuffle

CEO says commodity trader aims to complete process within three years

20200120 Olam International CEO Sunny Verghese

Olam International CEO Sunny Verghese speaks at a briefing on Jan. 20 in Singapore. (Photo by Kentaro Iwamoto)

KENTARO IWAMOTO, Nikkei staff writer

SINGAPORE -- Singapore-listed commodity trader Olam International said Monday it is considering an initial public offering of two new business groups that it will create as part of an organizational reshuffle.

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