Cofco and Bunge have made a joint bid for part of Cosan's stake in Rumo, the Brazilian rail operator, but Grupo Mexico is also in the race.
Brazil · BUSINESS
Key Facts
—What happened Cosan confirmed it received binding offers for part of its stake in Rumo, Brazil’s largest rail operator.
—How big The talks cover about 15% of Rumo, worth around 5 billion reais (US$980 million).
—The catch Grupo Mexico is also bidding, and no final deal has been confirmed.
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Está sendo negociada uma fatia de 15% da companhia, avaliada em R$ 5 bilhões
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Movimento faz parte do processo de avaliação de alternativas para venda de participação na operadora
