Cosan Claims Reorganization May Entail Capitalization

Instant Max AI

(Reuters, 7.Jul.2020) — Brazilian energy company Cosan SA said its planned reorganization may involve the capitalization of all operating units controlled and co-controlled by the group.

In a securities filing on Tuesday, Cosan said the viability of the potential capitalizations of each of the units will be weighed separately and depend on variables that the company does not control.

__________

Reporting by Ana Mano Editing by Chizu Nomiyama

Previous post Duke Energy Renewables’ Texas Solar Project Online
Next post Africa’s Richest Woman to Cooperate In Corruption Probe