Merger talks between top flight commodity group Louis Dreyfus and smaller Singaporean rival Olam have failed, reviving speculation about the strategy of Dreyfus, a top flight commodities firm.
Louis Dreyfus has been in a state of flux since chief executive Robert Louis-Dreyfus died in 2009. Talks with Olam were announced in September last year and Dreyfus has been reported to have held merger talks with other rivals, including Swiss-based Glencore International GLEN.UL.