Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)

Louis Dreyfus to gain first outside investor

Abu Dhabi's ADQ fund to acquire indirect 45 per cent stake

Reading Time: 2 minutes Paris | Reuters — Louis Dreyfus Co. (LDC) has agreed to sell a 45 per cent stake to Abu Dhabi’s ADQ, the companies said on Wednesday, the first outside investment in the family-owned commodity merchant’s 169-year-old history. The deal comes after a search by chairwoman Margarita Louis-Dreyfus for an investor to relieve debt built up […] Read more

(Louis Dreyfus video screengrab via YouTube)

Dreyfus reportedly in talks to sell stake to Abu Dhabi’s ADQ

Reading Time: < 1 minute Reuters — Commodity trader Louis Dreyfus Corp. is in talks to sell a stake to Abu Dhabi sovereign wealth fund ADQ, Bloomberg News reported on Friday, citing people familiar with the matter. For the privately held company, which has been facing a challenging business environment, bringing external investors would be a first in its 169-year […] Read more