Louis Dreyfus in marketing joint venture with Namoi Cotton
NEW YORK |
NEW YORK Jan 15 (Reuters) - Louis Dreyfus Commodities, the world's largest cotton merchant, has set up a joint venture with Namoi Cotton Co-operative Ltd to sell fiber produced by one of Australia's biggest co-operatives, Namoi said on Tuesday.
Namoi will hold a 51 percent stake in the venture, with Louis Dreyfus owning the remaining 49 percent.
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