By Dmitry Zhdannikov
By Dmitry Zhdannikov
LONDON, Jan 30 (Reuters) – After 169 years of maintaining the enterprise within the household, agricultural commodity large Louis Dreyfus Firm (LDC) is open to promoting a big non-controlling stake to an exterior stakeholder, its chairwoman advised Reuters.
Margarita Louis-Dreyfus, who assumed management of the corporate in 2009, careworn she was in no rush and that an investor must strengthen the enterprise.
Final yr, the billionaire businesswoman accomplished consolidating Louis Dreyfus Firm Holdings B.V. (LDHBV) – the construction that holds the household’s shares in LDC – by way of her Akira household belief which now controls over 96% of the holding agency.
She has spent a decade negotiating expensive and acrimonious buyouts of minority household shareholders, whereas earnings at LDC declined in more and more robust agricultural markets.
“It’s the first time in our nearly 170-year historical past that we’re ready to open our capital to an…