FERRUZZI PARIS UNIT SEEN ABSORBING CPC PURCHASE Sources close to Italy's <Gruppo Ferruzzi> said <European Sugar (France)>, a French company owned by Ferruzzi, would take over control of <CPC Industrial Division>, the corn wet milling business acquired by the Italian group earlier this week from CPC International Inc <CPC>. The sources told Reuters that European Sugar, owned by Ferruzzi subsidiary Eridania Zuccherifici Nazionali SpA <ERDI.MI>, planned to seek a listing on the Paris bourse and make a share offering there. CPC International announced Tuesday it had agreed in principle to sell its European corn wet millng business to Ferruzzi. The deal is worth 630 mln dlrs.