Renuka Sugars To Sell Brazil Plant To Pare Debt Company News

Renuka Sugars To Sell Brazil Plant To Pare Debt Company News In a partial exit from brazil, india's sugar and ethanol manufacturer shree renuka sugars ltd (srsl) is all set to hive off larger of the two plants of its brazilian subsidiary renuka do brasil s a (rdb). the move aims to reduce its consolidated debt burden by almost 50 per cent. faced with problems in servicing the debt since srsl acquired rdb in 2010 due to sharp decline in sugar price and. Mumbai: g erman sugar producer suedzucker ag and uk based associated british foods plc (abf) are in talks with shree renuka sugars ltd ’s power production unit in brazil, two people close to the.

Shree Renuka Sugars To Attempt Sale Of Brazil Mills Again Shree renuka sugars limited is all set to hive off larger of the two plants of its brazilian subsidiary renuka do brasil s a. the move aims to reduce its consolidated debt burden by almost 50%. on. India's shree renuka sugars ltd <sres.ns> will try for a third time to sell sugar mills it owns in brazil at an auction as part of a recovery plan in its in court debt restructuring, according to. In a partial exit from brazil, india's sugar and ethanol manufacturer shree renuka sugars ltd (srsl) is all set to hive off larger of the two plants of its brazilian subsidiary renuka does brasil s a (rdb). the move aims to reduce its consolidated debt burden by almost 50 per cent. faced with problems in servicing. Chinese commodities trader cofco has asked to participate in an auction in brazil where a sugar mill owned by india's shree renuka sugars ltd will be sold as part of an in court debt restructuring.