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Wilmar buys 27.5 pct stake in Morocco sugar firm for $263 mln

2013-04-16 08:47:51| Sugar Industry News

SINGAPORE, April 16 (Reuters) - Singapore\'s Wilmar International Ltd said it has acquired a 27.5 percent stake in Cosumar S.A., Morocco\'s sole sugar supplier, for 2.3 billion Moroccan dirhams ($263 million), expanding its sugar operations into Africa.

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Wilmar buys stake in sugar firm

2013-04-16 08:47:51| Sugar Industry News

Singapore - Singapore\'s Wilmar International Ltd said it has acquired a 27.5 percent stake in Cosumar S.A., Morocco\'s sole sugar supplier, for 2.3 billion Moroccan dirhams ($263-million), expanding its sugar operations into Africa.

Tags: firm sugar buys stake

 
 

Altimo moves for Orascom stake, Vimpelcom will not sell out

2013-04-16 02:00:00| Total Telecom industry news

Russian investment firm insists proposed $3.67 billion deal is good value for Orascom shareholders despite analysts' concerns.

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Sharp to sell stake in Pioneer

2013-04-15 16:08:27| CNET News.com

Electronics maker hopes to use the proceeds to help pay off some of $2.14 billion in convertible debt, which is due in September. [Read more]    

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JAPAN: Shandong Ruyi increases stake in Renoun

2013-04-15 15:31:00| Daily apparel & textile news and comment - from just-style.com

Chinese Textile firm Shandong Ruyi has increased its stake in Japanese apparel company Renown to 53.33%.

Tags: japan increases stake shandong

 

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