date:May 13, 2016
likely to evince interest in the sale, as they look to invest more funds in Associated British Foods, the Wall Street Journal reported.
ABF has been making many changes to its sugar business, as it saw 90% decline in profits in the past three years due to a fall in world sugar prices.
Due to closure of its two loss-making sugar beet factories in northern China's Heilongjiang province in 2015, the company incurred a net loss to the tune of 116m. However, recently it has stated that cost-cuttin