Cosan Sells Entire Vale Stake for R$9.1 Billion to Cut Debt

In a strategic move to optimize its capital structure, Cosan has sold its entire 4.05% stake in Vale, Brazil’s mining giant. The sale, confirmed on Thursday afternoon, netted Cosan approximately R$9.1 billion ($1.5 billion) based on Vale’s closing share price. This transaction marks the end of Cosan’s investment in Vale, which began in 2022 when […]