Cosan has revamped its board and sold off Vale shares, finally addressing its leverage issues. Check out why I reiterate my ...
Cosan faces significant challenges due to high leverage, rising interest rates, and currency devaluation, leading to a 65% ...
SAO PAULO (Reuters) - Brazilian conglomerate Cosan has unloaded some 173 million shares it owned in mining giant Vale, which accounted for a stake of roughly 4.05%, it said in a securities filing ...
Learn more about whether Cosan S.A. or Scorpio Tankers Inc. is a better investment based on AAII's A+ Investor grades, which ...
SAO PAULO, Jan 16 (Reuters) - Brazilian conglomerate Cosan (CSAN3.SA), opens new tab has sold some 173 million shares it owned in Vale (VALE3.SA), opens new tab, it said on Thursday, unloading a ...
Billionaire Rubens Ometto’s conglomerate Cosan SA is giving up its stake in mining giant Vale SA, ending its bet on a mining investment in order to pay down debt. Cosan sold 173 million shares ...
Brazil's Cosan, the world's largest ethanol and sugar processor, said announced Monday it signed an agreement to merge its ethanol and fuels distribution business in the country with Royal Dutch ...
Cosan SA, a Brazilian bioethanol company, is selling a stake in Brazil's largest mining company Vale SA in order to repay debt obligations. This is reported in a press release from Cosan. As part of ...
Brazilian conglomerate Cosan has sold some 173 million shares it owned in Vale, it said on Thursday, unloading a stake that made it an important shareholder of the mining giant as it looks to ...
Cosan Chairman Rubens Ometto, who in October said the company was not looking to offload its Vale stake in the short term, emphasized that the move was related to Brazil's high interest rates.
SAO PAULO (Reuters) -Brazilian conglomerate Cosan has sold some 173 million shares it owned in Vale, it said on Thursday, unloading a stake that made it an important shareholder of the mining ...