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Welcome to Ministry of Wealth and Gifts for your loved ones!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Monday, 31 January 2011

Olam to buy 2 UK food firms for US$50m

SINGAPORE - Commodity firm Olam said it plans to acquire two UKconfectionary fats firms for about US$50 million. This will helpthe firm strenghten its supply chain in the chocolate industry,it said.

The two UK companies are Britannia Food Ingredients Holdings Ltd and Britannia Storage and Distribution Ltd. -- REUTERS
Posted by Createwealth8888 at 18:31
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