apmello
- Dono
- 22037
- 08/06/2007
31/03/10 - In Brazil, France´s Tereos group announced that it will establish a new spin-off company, Tereos International, combining the assets of the Tereos investment in Brazil´s Guarani, Tereos grain operations in Europe, and sugarcane operations in the Indian Ocean. The new Sao Paulo-based company will have annual revenues of US$ 2.5 billion and will be listed in the New São Paulo Stock Exchange (Bovespa), as well as in the NYSE Euronext.
The new company will be the third-largest sugarcane processor in the world, and will have $366 million in EBITDA based on the performance of the units at this time.
http://www.udop.com.br/index.php?item=noticias&cod=1065432