Olam’s “Get Shorty” gambit is short-term fix
The commodities trader’s $1.2 bln bond-and-share issue, underwritten by major investor Temasek, eases funding concerns and squeezes short-sellers like critic Muddy Waters. But twisting shareholders’ arms to take part does little to ease the broader concerns about Olam’s business.
This content is for Subscribers only
To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.