Business Insider, 22 Dec 2012Carson Block's newest short, Singapore-based commodity firm Olam, is near and dear to the Singaporean government's heart.
Temasek, Singapore's sovereign wealth fund, just upped its stake in the company to 18% this week.
Since Block's report, Olam announced it would offer $750 million in bonds and $500 million in warrants. Temasek could end up owning as much as 29% of the company, Bloomberg reports, if it exercises all the warrants in 2016. Full story
