Brazil antitrust agency clears Raizen Energia purchase of Cosan Biomassa

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Brasilia — Brazil’s antitrust agency Cade on Tuesday gave utility Raizen Energia SA, a joint venture between energy and logistics group Cosan and oil giant Shell, the go-ahead to buy 81.5% of Cosan Biomassa. According to Cade’s ruling, the deal was approved without restrictions because it will not impinge on competition. Cosan Biomassa, previously owned […]

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