LDC Clinches Santelisa Purchase, Eyes IPO
Oct 28, 2009
Louis Dreyfus Commodities (LDC) has completed its acquisition of SantelisaVale (SEV) following more than 9 months of discussions to form what it claims is Brazil’s second largest sugarcane crusher. As part of the agreement, the new company, LDC SEV, will do an IPO within 3 years, with an option to extend that period by another 2 years, say people on the deal. No banks have been mandated for the IPOs, they add. The...
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.