Louis Dreyfus Commodities

Western Australian cotton growers could be disadvantaged by a multinational company’s proposed takeover of the country’s largest producer, the competition regulator has warned.

Dutch ag giant Louis Dreyfus Commodities will have to terminate its interest in an NT cotton gin and offload shares in a services firm to acquire Kununurra gin funder Namoi Cotton.

Dutch agriculture giant Louis Dreyfus Company have today received Foreign Investment Review Board approval for its takeover bid for Namoi Cotton.

Olam Agri has conceded to Louis Dreyfus Commodities' increased takeover bid of Namoi Cotton, the company behind the construction of Western Australia’s first cotton processing gin.