SAO PAULO (Reuters) – Brazilian agribusiness conglomerate Cosan SA (CSAN3.SA) and its logistics subsidiary Cosan Logistica SA beget licensed experiences for a proposed shareholding reorganization, the businesses talked about in a securities submitting on Friday.
“Such restructuring goals to simplify the Cosan Group’s construction, unifying and consolidating the a number of free floats of the businesses, rising the liquidity, besides to unlocking price,” they talked about, together with the operation is anticipated to be concluded inside 180 days.
Cosan additionally cited plans to place collectively its essential subsidiaries and collectively managed ventures for seemingly preliminary public choices.
Reporting by Gabriela Mello; Enhancing by Chris Reese
