Wilmar Divests Stake in Sugar Major Cosumar S.A. for $605M
By Lynda Kiernan-Stone, Global AgInvesting Media Wilmar International Corporation (Wilmar) announced it has divested its entire 30.05 percent stake in major sugar company Cosumar S.A. (Cosumar) for approximately $605 million through a deal struck with “several Moroccan investors”. Incorporated in Morocco and listed on the Casablanca Stock Exchange, the bulk of Cosumar’s business is in […]
