Announced
Financials
Sources
Tags
bagasse
Private
Friendly
Brazil
biofuels
Single Bidder
straw pellets
Acquisition
Majority
Alternative Fuels
Pending
Synopsis
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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