Biosev: Biosev sells Giasa mill to M&N for nearly $19M

In Brazil, Biosev, a sugar and ethanol company owned by Louis Dreyfus Company, agreed to sell the Giasa mill to M&N Participações S/A, the parent company of the Olho D'Água Group, for R$ 70 million, or about $18.7 million, making it one of the largest in the Brazilian sugar and ethanol industry. Biosev sold the [...]