Cosan is leaving the New York Stock Exchange, spinning off a farmland arm, cutting net debt 47% and narrowing its quarterly loss to about US$61 million.
Brazil · Business
Key Facts
—The exit Cosan will pull its US-traded shares off the New York Stock Exchange and later cancel its US registration, keeping only its São Paulo listing.
—The loss Second-quarter net loss for shareholders narrowed about 66% to R$320 million (about US$61 million).
—The debt Expanded corporate net debt fell 47% from a year earlier to R$9.2 billion (about US$1.8 billion).
Cosan troca diretor financeiro, simplifica estrutura societária e anuncia saída da Bolsa de NY
Cosan reorganiza grupo, troca executivos e anuncia saída da Bolsa de Nova York
Prejuízo da Cosan recua 66% no 2º trimestre
Lucro da Compass no 2º trimestre recua 19%
Lucro da Rumo cresce 57% no 2º trimestre
Moody’s Local corta nota de crédito nacional da Cosan e a coloca com perspectva negativa
