Billionaire heiress squeezes struggling Louis Dreyfus for cash
Margarita Louis-Dreyfus has been pulling cash out of the company to repay loans needed to fund the buyout of other family members
07 October 2019 - 18:59
Geneva — Billionaire heiress Margarita Louis-Dreyfus continued to squeeze agricultural trader Louis Dreyfus for cash, even as global trade tensions saw first-half profit plunge.
The foodstuffs trader paid a dividend of $428m during the first six months of the year, Louis Dreyfus Company said Monday. That is the biggest dividend since 2014, when the company generated more than half a billion dollars in profit...
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