The federal Competition Bureau says a ‘rivalry’ between a pair of Prairie grain elevators would be lost to farmers if one is sold to the other’s owner. The bureau announced […] Read more
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Tag Archives louis dreyfus
Antitrust regulators step in on Dreyfus elevator sale
Dreyfus to cut costs amid trade jitters, swine fever
Sao Paulo | Reuters — Agricultural commodities giant Louis Dreyfus Co. (LDC) has launched a cost-cutting and reorganization drive in the face of difficulties confronting global trading houses, according to […] Read more
Louis Dreyfus expects tough year on trade war, swine fever
Paris | Reuters — Agricultural commodity giant Louis Dreyfus warned on Monday that international trade tensions and a swine disease epidemic would continue to weigh on its activities in the […] Read more
P+H to buy Louis Dreyfus’ Prairie elevators
Updated — Commodities and agrifood giant Louis Dreyfus Co. is stepping out of the grain handling business it built in Canada with a deal to sell its Prairie elevator network. […] Read more
Louis Dreyfus could consider selling stake to regional player
Paris | Reuters — Louis Dreyfus Co., one of the world’s biggest agricultural commodities houses, may consider selling a stake to a regional player to support its development although there […] Read more
Grain trade regional tie-ups seen more likely over mega-deals
Paris | Reuters — The agricultural trading industry can expect more consolidation at a regional level in an effort to improve margins, but big deals between global merchants are becoming […] Read more
Margarita Louis-Dreyfus seals share buyout
Paris | Reuters –– Margarita Louis-Dreyfus has completed a purchase of minority shares in agricultural commodity trader Louis Dreyfus Company, ending a long-running tussle with other family members. The buyout […] Read more
Louis Dreyfus to exit dairy by mid-2019
Paris | Reuters –– Louis Dreyfus Co. said on Wednesday it would sell or wind down its small dairy business by the middle of this year as part of an […] Read more
Louis Dreyfus top shareholder gets finance to buy out minorities
Paris | Reuters – Margarita Louis-Dreyfus, top shareholder of commodity giant Louis Dreyfus Company (LDC), said she had secured financing for a deal that requires her to buy out family […] Read more
Dreyfus posts profit rise in challenging market
Paris | Reuters — French commodities trader Louis Dreyfus reported a rise of almost four per cent in annual net profit on Wednesday buoyed by higher volumes but cautioned that […] Read more