Louis Dreyfus sees no need for share listing as JV plans progress



Louis Dreyfus Company [AKIRAU.UL] does not need to turn to the stock market in the near term as it moves ahead with plans to find partners to bolster certain activities, starting with its fertiliser business, its CEO said on Wednesday.
Louis Dreyfus, like its commodity trading peers, has been grappling with ample supplies, lower prices and slower economic growth, and the group confirmed earlier this year that it would consider partnerships for some activities.
It is now in the process of selling its fertiliser business in Africa and will seek fertiliser partners in other regions, Chief... read more

 
12 October 2016 in Business, Views: 41
Source: Reuters
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