Olam

Olam: soft commodities supply chain manager and processor may see trading interest on continued M&A activity in food-related plays. Bright Food, Shanghai’s biggest food and dairy company, is in exclusive talks to buy United Biscuits, the maker of Jaffa Cake and McVitie’s cookies, in a transaction that may be valued at £2bn. This comes on the back of Olam’s proposed collaboration with Louis Dreyfus commodities unit, which may lead to a possible merger.