Sugar maker Tereos on cusp of crucial strategy vote
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PARIS (Reuters) - Tereos, one of the world's largest sugar makers, is facing a key internal vote on Wednesday that could change the group's strategy, with senior management challenged by cooperative members concerned by a plunge in profit.Tereos, like several other European sugar producers, felt the impact of a slump in sugar prices to historic lows last year linked to a surge in supplies, partly driven by the scrapping of output quotas from the European Union in 2017.The sugar, ethanol and..