Pursuits
Billionaire Louis-Dreyfus to Weigh Selling a Stake in Firm
- Margarita Louis-Dreyfus seeks cash to buy out family members
- Louis Dreyfus Commodities among biggest agriculture traders
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The billionaire who controls Louis Dreyfus Commodities BV is considering selling a minority stake in the trading house to external investors as she weighs options for financing the buyout of remaining family shareholders.
Margarita Louis-Dreyfus’s family trust, which owns 81 percent of the firm’s holding company, said Wednesday in a statement that the firm is open to “a potential minority partnership with external investors." The trust was “fully prepared to further increase its stake" in the holding company as other family shareholders sell down, it said.