Credit Suisse Archives - Manitoba Co-operator

Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)

Dreyfus chair owes US$240 million after ADQ deal

Stake sale's proceeds going to repay loan

By GFM Network News, Reuters January 4, 2022

Paris | Reuters — Margarita Louis-Dreyfus, chairperson and main shareholder of Louis Dreyfus Co., borrowed about $240 million from Credit Suisse in a reduced loan arrangement following the sale of a stake in LDC, an annual company report showed. Louis-Dreyfus told Swiss business magazine Bilanz in late 2020 she planned to use the proceeds of

Crops

Bayer secures loan facility to fund Monsanto bid

By GFM Network News, Reuters June 2, 2016

Reuters — German drugs and crop chemicals group Bayer, which has made a US$62 billion bid for U.S. seeds company Monsanto, has secured a 60 billion-euro (C$87.75 billion, or US$66.9 billion) loan facility, business journal Handelsblatt reported Thursday. The loan facility can be expanded up to 75 billion euros (C$109.68 billion, or US$83.62 billion), the German

Crops, Markets

Glencore reported moving ahead on ag stake sale

By GFM Network News, Manitoba Co-operator Staff September 28, 2015

Commodities firm Glencore, the owner of Prairie grain-handling heavyweight Viterra, is reported as already moving forward on plans to bring minority investors into its ag business. Glencore announced earlier this month it plans to tame the debt it’s racked up in its recent major expansions, partly through sales of assets and new shares. Those assets,

News

Investors Try New Tactic With African Agriculture

December 9, 2010

Africa has long been a target for wealthy philanthropists who donate money in a fight against the continent’s poverty, disease epidemics and food shortages. Now, taking a cue from the non-profit world, profit-hungry investors are eyeing Africa in a new way, putting a charitable spin on their pursuit of double-digit returns. Whether it’s making loans

News, Oilseeds

Monsanto Counters Criticism Of Low Yields

By Carey Gillam September 30, 2010

Monsanto on Sept. 15 said early harvest data showed some of its corn seed products planted on U. S. farms outyielding competition, a bright spot for a company beseiged by a range of competitive and legal pressures. Monsanto announced the data a day after rival DuPont said it was gaining market share in U. S.

Cereals, Crops

Viterra To Take Over AWB Grain Business?

By Rod Nickel September 30, 2010

Agrium Inc. is considering whether to keep or sell the grain-handling and marketing unit of takeover target AWB Ltd., a top Agrium official said Sept. 15. Agrium, North America’s leading retailer of fertilizer and chemicals and other farm products, is in the process of buying AWB for A$1.2 billion (C$1.15 billion). AWB, formerly the Australian

News

Syngenta Upbeat Outlook Boosts Shares

By Andrew Thompson April 23, 2009

Syngenta AG, the world’s largest agrochemicals company, has reported a four per cent fall in first-quarter sales but stayed upbeat about the full year, sending its shares over seven per cent higher. Syngenta, which makes products to kill weeds and bugs as well as genetically modified seeds, said sales totalled $3.6 billion, a seven per

Cereals, Grain Markets, Oilseeds

Canola Use At Record Pace, Supply Declining

By Don Bousquet February 12, 2009

For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed futures at ICE Futures Canada in Winnipeg closed the week ended Feb. 6 higher, with gains in the U. S. futures markets supporting prices. Canola rallied, as China picked up at least five cargoes and was

Daily Network News

Non-canola interest free limit set at $250,000 for 2026 Advance Payments Program

McCormick bets on flavor in $65 billion Unilever merger

Prairie Wheat Weekly: Good increases for wheat, while durum nudges up

Tag Archives Credit Suisse