French consortium Origny-Naples has said it has increased its stake in French sugar producer Beghin-Say to more than 95% after acquiring over ten million shares in the company.

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The consortium, made up of sugar cooperative Union SDA and beet growers group Union BS, said that including shares it had previously acquired it now holds 95.57% of Beghin-Say’s capital and 96.21% of its voting rights, reported Reuters.

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