France's Tereos seeks to exit ventures in China, Romania
French sugar producer Tereos is seeking to exit its ventures in China and Romania as part of a wider move by the new management to divest some international assets to lighten the group’s heavy debt and boost profitability.
It is reported by Reuters.
Tereos, the world’s second largest sugar producer by volume, reshuffled its top management since an extraordinary meeting in December dismissed its chief executive....