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UPDATE 3-Louis Dreyfus plans $548 mln IPO for Brazil unit
Posted on June 29, 2012 at 15:20 PM EDT
SAO PAULO, June 29 (Reuters) - The Brazilian unit of global financial and commodities firm Louis Dreyfus Corp said on Friday it will spin off its sugar and ethanol division Biosev in an initial share offering that could raise up to $548 million for expansion plans.
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