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 ...
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, a diversified holding company, faces significant challenges due to high leverage, rising interest rates, and currency devaluation, leading to a 65% ADR drop over 12 months. Despite owning ...
Brazil faced economic deterioration in 2024, with rising interest rates and challenges that have impacted Cosan's valuation. Moove's failed IPO and Vale's misallocation of capital have damaged ...
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Cosan SA is a holding company, which produces and sells sugar and ethanol. The firm operates through six segments: Raízen Energia, Raízen Combustíveis, Radar, COMGÁS, Lubrificants, and Cosan ...
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.
Cosan (NYSE:CZZ) S.A. (B3: CSAN3; NYSE: CSAN), a prominent $2.3 billion player in the Oil, Gas & Consumable Fuels industry, has reported a fire at the facility of its subsidiary Moove Lubricants ...
Cosan SA is a holding company, which produces and sells sugar and ethanol. The firm operates through six segments: Raízen Energia, Raízen Combustíveis, Radar, COMGÁS, Lubrificants, and Cosan ...