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 ...
Brazilian conglomerate Cosan has sold some 173 million shares it owned in Vale, it said on Thursday, unloading a stake that ...
American depository receipts of Vale traded at about 4.6 times estimated earnings, compared with a ratio of 11 times for BHP ...
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.
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 S.A. (NYSE:CSAN) is a Brazilian holding company with operations in energy, agriculture, and logistics. Cosan S.A. (NYSE:CSAN) operates its energy business through Raízen, a joint venture ...
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 giant as ...
Brazilian steelmaker Usiminas and Latin American McDonald’s franchisee Arcos Dorados both notched well oversubscribed dollar ...