Almoiz Group makes offer to acquire ICSM
Clients Almoiz Industries Limited
Jones Day is advising international sugar producer Almoiz Group on its proposal to acquire up to a 54% interest in Isis Central Sugar Mill Co Ltd ("ICSM"). ICSM is a grower-owned public company operating a sugar mill in the Bundaberg Region in Queensland, Australia. The transaction is being undertaken by scheme of arrangement and a two-tranche subscription for shares in ICSM for total consideration of up to AUD$35 million.