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Olam Agri Ups Stake in Namoi Cotton
Company Announcements

Olam Agri Ups Stake in Namoi Cotton

Namoi Cotton Ltd (AU:NAM) has released an update.

Olam Agri Australia Pty Ltd has increased its stake in Namoi Cotton Limited, reaching a 2.20% voting power through the acquisition of additional shares as part of its ongoing off-market takeover offer. This strategic move, following the prior notice on June 4, 2024, reflects a significant shift in the company’s interest, with a change reported on June 11, 2024.

For further insights into AU:NAM stock, check out TipRanks’ Stock Analysis page.

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