Allen & Gledhill and WongPartnership have the lead roles on a proposed offer by a consortium led by Singaporean sovereign wealth fund Temasek Holdings Pte. Ltd. to acquire commodities trader Olam International Ltd. for $2 billion.

A consortium led by Breedens Investments Pte. Ltd., a wholly owned subsidiary of Temasek, has offered to buy all the remaining shares of Olam for $1.76 apiece. The consortium currently jointly owns 52.5 percent of Olam, with Temasek the largest shareholder with a 24.6 percent stake.