Cosan is moving to sell its TUP São Luís port terminal in Maranhão for about R$300 million, another step in the group's drive to pay down its debt.
Brazil · Business
Key Facts
—The move Cosan filed to sell 100% of its TUP São Luís port terminal in Maranhão.
—The price an indicative R$300 million (about US$56 million), plus possible earn-out payments later.
—The reason Cosan is selling assets it does not need to cut a heavy debt load.
A identidade do possível comprador não foi informada
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