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New Deal


Announced

Raizen to acquire an 81% stake in Cosan Biomassa from Cosan.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For82%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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bagasse

Private

Friendly

Brazil

biofuels

Single Bidder

straw pellets

Acquisition

Majority

Alternative Fuels

Pending

Synopsis

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Raizen, which cultivates, produces and distributes sugarcane ethanol products, agreed to acquire an 81% stake in Cosan Biomassa, biomass energy generation company, from Cosan, which invests and engages in agriculture business, fuel, and natural gas distribution, and lubricants companies. Financial terms were not disclosed.

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