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    Australia regulator raises competition concerns over Olam's $97 mln bid for Namoi Cotton

    Picture of Namoi Cotton logoNamoi Cotton
    20/06/2024 24:26
    June 20 (Reuters) - Australia's competition regulator
said on Thursday the proposed acquisition of Namoi Cotton
 NAM.AX  by Singapore's Olam Agri  IPO-OLAA.SI  for A$144.9
million ($96.69 million) raises competition concerns in the
supply of cotton ginning services. 

($1 = 1.4986 Australian dollars)

 (Reporting by Roushni Nair in Bengaluru; Editing by Kim
Coghill)
 ((Roushni.Nair@thomsonreuters.com;))

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