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louis dreyfus

July 25, 2014

Former Woolworth’s exec to head Walmart; Gokongwei family buy NZ biscuit maker for $700 million; Louis Dreyfus exits Indonesian palm oil venture

Former Woolworth’s exec to head Walmart; Gokongwei family buy NZ biscuit maker for $700 million; Louis Dreyfus exits Indonesian palm oil venture

Former Woolworth’s exec to head Walmart

Greg Foran, the former head of Woolworths, has been appointed president and chief executive of Walmart US, replacing Bill Simon, who has headed the company since 2010.

October 28, 2013

Margarita Louis-Dreyfus, the controlling shareholder and chair of the eponymous Dutch family firm founded in 1851, has said she plans to increase her family trust’s stake in the company, buying out family members not part of the trust.

Margarita Louis-Dreyfus, the controlling shareholder and chair of the eponymous Dutch family firm founded in 1851, has said she plans to increase her family trust’s stake in the company, buying out family members not part of the trust.

In an interview with Swiss newspaper Neue Zuercher Zeitung am Sonntag, Louis-Dreyfus said she was prepared to buy as many shares in Louis Dreyfus Commodities as possible, beginning immediately.

October 5, 2012

Family-controlled commodities giant Louis Dreyfus has sold its energy trading unit, while Indonesia’s Bumi Resources and Abu Dhabi-based Al Jaber Group are also considering selling some of their assets to repay debts. 

Family-controlled commodities giant Louis Dreyfus has sold its energy trading unit, while Indonesia’s Bumi Resources and Abu Dhabi-based Al Jaber Group are also considering selling some of their assets to repay debts. 

Amsterdam-based Louis Dreyfus, one of Europe’s largest family businesses, has sold LDH Energy, the gas and oil trading company it owned jointly with Highbridge Capital – the hedge fund arm of JPMorgan.

February 15, 2011

Family-controlled agricultural trader Louis Dreyfus’ plans for a possible merger with rival Olam International has come to an end, raising speculations about the future of the company.

Family-controlled agricultural trader Louis Dreyfus' plans for a possible merger with rival Olam International has come to an end, raising speculations about the future of the company.

Merger plans between Paris-based Louis Dreyfus and Singapore-based Olam, first announced in September 2010, have been reported to have collapsed due to over differing views on how to grow the business. Analysts say that a merger between the two would have created the world's third-largest agricultural trading house, with an estimated market value of between $15 and $18 billion.

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