News International Sugar Journal

Brazil – Raizen to go public as it aims to raise US$2.2 billion via IPO [Full subscriber]

The sugar and ethanol producer and fuel distributor Raizen, a joint venture between Shell and Cosan, has started talks with investment banks for an IPO. The company made proposals to potential underwriters for an offering estimated at between BRL8 billion and BRL13 billion (US$2.21 billion), according to Valor Economico.…

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