Louis Dreyfus Family Members Ask To Be Bought Out
Intend to sell 16% of the holding company
Members of the founding family of Louis Dreyfus Commodities have asked the majority shareholder of the commodities trader to buy out most of their stake, Britain’s Financial Times newspaper reported on Sunday.
Quoting sources familiar with the situation, the newspaper said the family members had informed Margarita Louis-Dreyfus of their intention to sell 16 percent of the holding company, worth about $1 billion. They currently own 20 percent of the group. To read more click here.