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
Swedbank’s Q1 profit rises more than expected helped by lower credit losses
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Swedbank reported on Thursday a bigger rise than expected in first-quarter
net profit on the back of higher income, lower expenses and lower credit
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