Biosev SA (BSEV3.SA)
24 May 2019
|Market Cap(Mil.):||R$ 1,153.74|
PARIS Commodities house Louis Dreyfus Company (LDC) announced a new chairman on Tuesday for its loss-making Brazilian sugar subsidiary Biosev, which has triggered other management changes at the group.
* Isman passes grain role to Tancredi who moves from sugar (Writes through with details)
SAO PAULO, Feb 12 Biosev SA, the Brazilian sugar and ethanol maker controlled by commodities trader Louis Dreyfus, said its loss in the 2018/19 cane season through December rose 8.4 percent from the previous season to 892.6 million reais ($240.40 million).
SAO PAULO Biosev SA , the sugar and ethanol maker controlled by trading firm Louis Dreyfus Co, has hired an investment bank to seek potential buyers for some or all of its plants in Brazil, a source familiar with the plans told Reuters.