Saint Louis Sucre offered two more days to agree deal on sugar purchase

Treasury Minister Aldona Kamela-Sowinska has said she plans to give French sugar concern Saint Louis Sucre (SLS) an additional two days to reach an agreement on the purchase of 16 sugar refineries. This means that SLS will have until tomorrow to sign an annex to an agreement signed six months ago. SLS originally agreed to purchase the 16 sugar refineries belonging to the Slaska Spolka Cukrowa group, but failed to obtain the approval for the deal from the Interior Ministry. The matter is now awaiting the verdict of a court. However, if Saint Louis Sucre does not agree to sign the annex, the 16 refineries will instead be joined to the giant sugar holding, Polski Cukier. (Rzeczpospolita, p. B1) M.T.