United States Sugar Corp.’s wholly owned subsidiary United States Sugar Savannah Refinery LLC (US Sugar Savannah Refinery), said it told the Third Circuit court on November 29 that it has closed its contentious US$315 million acquisition of Imperial Sugar Co. from the Louis Dreyfus Co.
USA – Judge rejects antitrust concerns, ruling in favour of US Sugar to acquire Imperial Sugar [Full subscriber]
A federal judge rejected the Justice Department’s bid to block US Sugar Corp’s plans to buy rival Imperial Sugar Co on September 23rd. The judge said the merger wouldn’t violate antitrust provisions of the Clayton Act.
USA – US Sugar’s proposed acquisition of Imperial Sugar blocked by Justice Department [Full subscriber]
The Department of Justice filed a civil antitrust lawsuit on 23rd November to stop United States Sugar Corporation (U.S. Sugar) from acquiring its rival, Imperial Sugar Company (Imperial Sugar).
USA – Louis Dreyfus sells Imperial Sugar to US Sugar [Full subscriber]
United States Sugar Corp announced on March 24, 2021, that it will purchase the business and assets of its local rival Imperial Sugar from commodities trader Louis Dreyfus Company (LDC), according to a press release.
Monthly Snapshot
Raw sugar for March delivery settled at 19.82 cents/pound on January 18 after reaching a two-and-a-half-week high earlier in the session at 20.25 cents. The white sugar contract expiring in […]
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