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NAM Namoi Cotton News Story

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Australia's Namoi Cotton recommends shareholders vote for Louis Dreyfus' takeover offer

Sept 11 (Reuters) - Australia's Namoi Cotton  NAM.AX  on
Wednesday recommended shareholders to vote for the A$138 million
($91.81 million) takeover offer from Dutch crop trader Louis
Dreyfus Company, rejecting a higher bid from Singapore's Olam
Agri  IPO-OLAA.SI .

($1 = 1.5031 Australian dollars)

 (Reporting by Aaditya Govind Rao in Bengaluru; Editing by
Krishna Chandra Eluri)
 ((Aaditya.GovindRao@thomsonreuters.com;))

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