Brazil’s antitrust watchdog approves ethanol co Biosev acquisition by Raizen

Industry:    2021-03-03

Brazil’s antitrust watchdog CADE approved the acquisition of ethanol producer Biosev SA by Raizen, a joint venture between Brazilian ethanol producer Cosan SA and Royal Dutch Shell PLC.

The cash and stock deal was approved with no restrictions, according to the decision published on Tuesday in Brazil’s official gazette.

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