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MAI launches restructuring at home and abroad

Makhteshim-Agan Industries (MAI) has launched a restructuring programme focusing on its Brazilian and domestic businesses. The company initiated “extensive measures to restructure” its Brazilian operation, Milenia Agrociencias, in the third quarter of this year, it says. The company incurred extraordinary charges in the third quarter ( Agrow No 605, pp 4-5), with further to come this quarter.

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