atans1

Olam: Mongoose bites snake

In Commodities, Corporate governance on 03/12/2012 at 7:25 am

Muddy Waters offers to pay for Olam to get debt rating. It is a cheeky response to Olam’s “shock and awe” response (constructive, nation-buildingST’s description) to its allegations.

Wonder what excuse Olam will give when refusing to accept offer? After all Temasek, its investee, has a debt rating. And it is a SWF

Wonder what Olam’s banks’ will think if it rejects offer?

 

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