INVEPARCO, a holding company owned by CNP - COMPAGNIE NATIONALE A PORTEFEUILLE, belonging to the Belgian businessman Albert Frère and other investors, concluded an agreement with the WORMS & CIE group to take control of the French sugar group SAINT-LOUIS SUCRE (turnover of FF 7.5 billion in 1999). The total value of the transaction was not revealed, but it was carried out on the basis of a valuation of around FF 10.3 billion for 100% of SAINT-LOUIS SUCRE. To do this WORMS & CIE will...