Suedzucker Falls as End to EU Subsidies Beckons: Frankfurt Mover
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Suedzucker AG slid to a 15-month low after Exane BNP Paribas predicted that the end of the “highly regulated” European sugar market will cut earnings at the continent’s biggest supplier of the dietary staple almost in half by 2018.
Suedzucker dropped as much as 7.1 percent in Frankfurt trading to 22.94 euros, the lowest intraday price since May