Sugar giants merge to combat crisis

Deep River Beau Champ Limited (DRBC) and Flacq United Estates Limited (FUEL) announced their intention to merge into a new corporate identity via communiqués posted on the Stock Exchange of Mauritius (SEM) on Tuesday. According to sources, the merger is a strategy to combat the tough economic crisis the sugar industry is currently facing and [...]

29 Dec 2011, The Independent Daily