The Latest Breaking News from SALIC

Saudi Arabia snaps up Olam’s agribusiness division in a deal valued at $4 billion, more than the Singaporean firm’s entire market cap

Olam shares jumped by over 5% in Monday trading, following the announcement.

Fortune · Feb 24, 2025

SALIC Supplies 1.2 Million Tons of Strategic Commodities in 2022

The Saudi Agricultural Investment and Livestock Production Company (SALIC), which is fully owned by the Public Investment Fund, announced on Tuesday that it has completed the supply of more than 1.2 million tons of strategic commodities in 2022. According to a statement, SALIC said it directly supplied 720,000 tons of…

Asharq Al-Awsat · Mar 29, 2023

Australian Lamb Company sold to Minerva Foods Australia in $400 million deal

The owner of Colac's meat processing plant — one of the city's biggest employers — has sold to a Saudi and Brazilian joint venture company.

ABC News · Oct 25, 2022