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Louis Dreyfus tipped to sell Brazil terminal stake

Louis Dreyfus is being tipped to sell its stake in a new Brazilian grains terminal. Reuters reports the trader is looking to book profits from a quick sale of its 25% stake in the Tegram terminal at Itaqui port in northern Brazil.

Other investors in the terminal include Glencore and local firms Amaggi, NovaaAgri and CGG Trading.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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