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On 11 November 2020, Louis Dreyfus Company, a global agri-commodity business with FY19 revenues of US$33.6bn, announced the sale of a 45% equity stake to ADQ, an Abu Dhabi sovereign wealth fund. As part of the transaction, LDC has also signed a long-term commercial supply agreement with ADQ for the sale of agri-commodities to the United Arab Emirates (UAE).
The PwC Deals team supported the Seller and management with financial, tax and risk Vendor Due Diligence (VDD) during the entire sales process, from 2018 through 2020.