Margarita Louis-Dreyfus is struggling to sell a stake in her eponymous crop-trading empire because of her reluctance to give up control and lukewarm interest from suitors, according to people familiar with the matter.
Yahoo Finance reports that Louis Dreyfus Co.’s long-time adviser Credit Suisse Group AG hasn’t found an investor after holding talks with private equity firms, sovereign wealth funds and rival trading houses, said the people, who asked not to be identified because talks are private.
Most suitors aren’t interested in just a minority stake or have balked at valuation expectations, they said.
Spokeswomen for Louis Dreyfus and Credit Suisse declined to comment.
