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.

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.

Companhia substitui vice-presidente financeiro e muda área jurídica