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Article: Big guns have CSR Sugar in their sights.

Article from:
Australasian Business Intelligence
Article date:
July 14, 2009
Copyright

Byline: Eli Greenblat

Jul 14, 2009 (The West Australian - ABIX via COMTEX) -- The planned spin-off of its sugar division by conglomerate CSR has sparked interest among four offshore groups active in that sector. British Sugar, Cosan of Brazil, Cargill and South Korea's CJ Corporation are reportedly looking at the business, with German company Suedzucker also said to be a contender. CSR may conduct a trade sale, but favours a sharemarket float with one of the overseas investors ...

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