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Louis Dreyfus, the Swiss agricultural trading giant, is in talks to sell a minority equity stake to Abu Dhabi sovereign wealth fund ADQ in a move that "could boost food security for the United Arab Emirates" amid the coronavirus pandemic, per Bloomberg.

Why it matters: In its 168 years, Louis Dreyfus has never before had a non-family shareholder.

Louis Dreyfus in talks to sell minority equity to Abu Dhabi's ADQ

In its 168 years, Louis Dreyfus has never before had a non-family shareholder.

Business

Agriculture

Louis Dreyfus, the Swiss agricultural trading giant, is in talks to sell a minority equity stake to Abu Dhabi sovereign wealth fund ADQ in a move that &quot;could boost food security for the United Arab Emirates&quot; amid the coronavirus pandemic, per <a class="gtmContentClick" data-vars-link-text="Bloomberg" data-vars-click-url="https://www.bloomberg.com/news/articles/2020-09-04/louis-dreyfus-in-talks-to-sell-stake-to-abu-dhabi-s-adq?srnd=deals" data-vars-content-id="902cfca9-b2a7-4c89-a7c6-22957a1f9cb9" data-vars-headline="Louis Dreyfus in talks to sell minority equity to Abu Dhabi&#x27;s ADQ" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.bloomberg.com/news/articles/2020-09-04/louis-dreyfus-in-talks-to-sell-stake-to-abu-dhabi-s-adq?srnd=deals" target="_blank">Bloomberg</a>.Why it matters: In its 168 years, Louis Dreyfus has never before had a non-family shareholder.

After a record economic expansion, the coronavirus pandemic sent the U.S. economy into a recession as unemployment soared to staggering heights. The country now faces urgent questions about how much stimulus is needed for reeling consumers and businesses, and what a recovery might look like.

Economy & Business

China is becoming the most formidable rival America has faced, and the risk of confrontation with Russia, North Korea or Iran still looms. Authoritarians are rising, the chaotic Afghanistan exit revealed the limits of U.S. power, and the pandemic, climate change and other critical challenges continue to pose grave threats.

Louis Dreyfus in talks to sell minority equity to Abu Dhabi's ADQ

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