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Nordzucker wrangles

This article was originally published in The Public Ledger

NORDZUCKER wants to renegotiate the acquisition price for Danisco's sugar unit as it will be forced by regulator Bundeskartellamt to divest a production facility in Anklam, Germany.Danisco confirmed the conditional approval, with Netherlands-based Cosun in the frame to buy the plant, but does not think a renegotiation is supported under the pair's contract.


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