Cosan, Shell and BTG in advanced negotiations to invest in Raízen, says agency
Cosan and Shell are in advanced talks to inject new capital into their Brazilian sugar and ethanol joint venture, Raízen, with a significant investment coming from BTG Pactual.
BTG requests approval from Cade to increase its stake in Compass, which evaluates IPO
BTG Pactual requests authorization from Brazilian competition authorities to increase its stake in Cosan Dez Participações to 11.5% amidst Compass's potential IPO.
Raízen will reverse financial crisis with capital injection from its controllers, says CEO
Raízen is set to receive a capital injection from its controlling shareholders Cosan and Shell following a significant financial loss in the last quarter of the previous year.
Raízen’s debt securities fall with rumors of restructuring and credit downgrade
Raízen, a joint venture between Cosan and Shell, is facing a decline in its debt securities amidst speculation of a debt renegotiation plan and a potential credit rating downgrade.
Analysts Await Restructuring of Raízen's Debt
Analysts anticipate an announcement regarding the restructuring of Raízen's debt, a major player in the energy and fuels sector in Brazil.