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Last update Dec 16, 8:00 AM CET
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Suedzucker AG - Unsponsored ADR
5.05
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Overview

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Description

Suedzucker AG - Unsponsored ADR represents shares in Suedzucker AG, Europe's largest sugar producer. As an American Depositary Receipt (ADR), this financial asset allows US investors to indirectly own shares of Suedzucker AG, facilitating easier trading on American exchanges. This ADR functions as a vehicle for diversifying portfolios, enabling exposure to European agricultural markets without the complexities of direct foreign investments. Suedzucker AG's core operations are in sugar production, but the company also spans sectors such as bioethanol, special products, fruit, and starch industries, highlighting its diversified industrial reach. The Unsponsored ADR means it was created without the involvement of Suedzucker AG, allowing it to be listed by a depositary bank in the US. This asset plays a crucial role in broadening investment horizons, linking American capital markets to European sectoral performances, especially in agriculture and food processing. Its presence underscores the interconnected nature of global markets and offers insights into the cross-Atlantic demand for pivotal, staple commodities.

About

CEO
Dr. Niels Porksen
Employees
19116
Address
Maximilianstrasse 10
Mannheim, 68165
Phone
49 621 421 0
Instrument type
American depositary receipt
Sector
Consumer Defensive
Industry
Packaged Foods
Country
Germany
MIC code
XMUN
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