Analysts Estimate Former Owners Must Have Collected At Least EUR180M For Azomures

03.23.2012 By Adrian Cojocar

Andreas Zivy, the Swiss businessman who controls grain trader Ameropa, became the chairman of Azomures’s board of directors as soon as the deal with the former owners was completed. The Turkish shareholders, who had paid about $30 million for Azomures (AZO.RO) in 1998, may have made more than EUR150 million in profit.

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Keywords:: AZOMURES; , AMEROPA; , ZIVY

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