# Olam, Dreyfuss in Preliminary Merger Talks

Author: Jim.Robinson
Published: 2010-10-05
Canonical URL: https://www.cottongrower.com/cotton-news/olam-dreyfuss-in-preliminary-merger-talks/

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*Businessweek*

Olam International Ltd., the Singapore-based commodity trader, says it is in merger talks with Louis Dreyfus Commodities, the world’s largest cotton trader.

Allenberg Cotton Co., in Cordova, TN, is a member of the Louis Dreyfus Group. Olam is among the top three suppliers of cotton and other commodities.

In a statement, Olam said talks could produce “a possible business collaboration, which may take the form of, among others, a merger … ”

The two companies have cooperated before, with Louis Dreyfus agreeing in 2007 to sell its 20 percent in Australian-based Queensland Cotton to Olam.