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LATEST

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Emerging Markets

Raízen US$12.1 Billion Restructuring Homologated as Shell Set to Take Control

The Rio Times · 3h ago · 🇧🇷 Brazil

Raízen US$12.1 Billion Restructuring Homologated as Shell Set to Take Control

A São Paulo court homologated Raízen's R$61.4 billion extrajudicial restructuring on July 30, converting 45% of debt into new shares that will dilute Shell and Cosan's controlling stake. The post Raízen US$12.1 Billion Restructuring Homologated as Shell Set to Take Control appeared first on The Rio Times .

Read the full story at The Rio Times →

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