With market prices and economic growth remaining slow and with an oversupply of commodities, Louis Dreyfus has been struggling to meet the challenges of the current volatile market place. A planned deal to help reduce funding costs back in November 2016 didn’t materialise but is now back on the table according to sources at Reuters. The signs are that the sector has continued to rally since then and with the recent appointment of a new CFO bringing more direction to the company there is increased confidence that a deal can be done this time round.
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Louis Dreyfus has a history of finding their way through challenging situations.