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Axios
Axios
Business

Louis Dreyfus in talks to sell minority equity to Abu Dhabi's ADQ

Louis Dreyfus, the Swiss agricultural trading giant, is in talks to sell a minority equity stake to Abu Dhabi sovereign wealth fund ADQ in a move that "could boost food security for the United Arab Emirates" amid the coronavirus pandemic, per Bloomberg.

Why it matters: In its 168 years, Louis Dreyfus has never before had a non-family shareholder.

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