Olam International Limited (SGX:O32) sold 50% stake in Lansing Olam Canada Commodities ULC for $5.4 million in cash on January 2, 2014. The transaction is not expected to have a material financial impact on Olam for the financial year ending June 30, 2014. Simon Pangrazio and Josephine Chew of WATATAWA acted as public relations advisor for the transaction.

Olam International Limited (SGX:O32) completed the sale of 50% stake in Lansing Olam Canada Commodities ULC on January 2, 2014.