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NAM Namoi Cotton News Story

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Australia's Namoi Cotton recommends Olam Agri's $96 mln buyout bid

May 31 (Reuters) - Namoi Cotton  NAM.AX  recommended on
Friday its shareholders to accept Singapore-based agribusiness
Olam Agri's  IPO-OLAA.SI  A$144.9 million ($96.08 million)
takeover offer for the cotton processing company.
    
($1 = 1.5081 Australian dollars)

 (Reporting by Sneha Kumar; Editing by Alan Barona)
 ((Sneha.Kumar@thomsonreuters.com;))

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