Deals

Shell, Cosan and BTG Advance in Capital Deal for Raízen

A Raízen SA ethanol processing plant in Sao Paulo state, Brazil.Photographer: Victor Moriyama/Bloomberg

Cosan SA and Shell Plc are in advanced talks to inject new capital into their Brazilian sugar and ethanol joint venture Raízen SA, according to people familiar with the matter, with the aim to present a plan to the company’s main creditors and bondholders before finalizing it.

Leia em português.