Imperial Sugar Acquisition Nears Deadline

Louis Dreyfus Commodities LLC's tender offer to acquire all outstanding common shares at $6.35 each is scheduled to expire June 11.

By the time Imperial Sugar Company CEO John C. Sheptor delivers a keynote speech at next week's AIHce conference in Indianapolis, the company may be on its way to being part of Louis Dreyfus Commodities LLC, a major food conglomerate with operations located worldwide. Louis Dreyfus Commodities LLC subsidiary Louis Dreyfus Commodities Subsidiary Inc. began the tender offer May 11; the offer price is a 57 percent premium above Imperial Sugar's closing stock price on April 30, the day before Imperial Sugar and Louis Dreyfus Commodities LLC announced their definitive merger offer.

Imperial Sugar's board of directors unanimously recommended that shareholders tender their shares.

Sheptor is scheduled to speak at 8 a.m. June 20 during the general session on the final day of the AIHce expo about his company's safety transformation after a combustible dust explosion devastated part of its Port Wentworth, Ga., sugar refinery.

Download Center

HTML - No Current Item Deck
  • Free Safety Management Software Demo

    IndustrySafe Safety Management Software helps organizations to improve safety by providing a comprehensive toolset of software modules to help businesses identify trouble spots; reduce claims, lost days, OSHA fines; and more.

  • Comply with OSHA’s Electronic Recordkeeping Requirements

    Collect relevant incident data and generate accurate OSHA 300, 300A, and 301 regulatory reports, including 300A CSV files for easy electronic submission to OSHA.

  • Complete Online Safety Training Courses

    Deliver state-of-the art, online safety training courses to your organization with IndustrySafe Training Management Software. Generate reports to track training compliance and automatically notify learners of upcoming or overdue classes.

  • Easy to Use Safety Inspection App

    Conduct inspections on the go with IndustrySafe’s mobile app. Complete safety audits at job sites and remote locations—with or without web access.

  • Track Key Safety Performance Indicators

    IndustrySafe’s Dashboard Module allows organizations to easily track safety KPIs and metrics. Gain increased visibility into your business’ operations and safety data.

  • Industry Safe
comments powered by Disqus