Raízen denies interest in selling assets in Argentina (Image: Facebook/ Raízen)
A Raízen (RAIZ4) clarified this Friday (27) that it carries out continuous evaluation and recycling of assets in its portfolio, but, at the moment, there are no negotiations regarding the divestment in its operation in Argentina.
The statement was sent to the market after circulating in the media that the joint venture and Cosan (CSAN3) with the Shell would be considering selling its distribution asset Gasoline not country.
“The company will keep the market duly informed about any transactions that may be carried out in the future”, he states.
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The news of Bloomberg Linein fact, said that Cosan, in an attempt to reduce its leverage, would be considering selling a portion of its 4.1% stake in Vale (ELECTION 3), of US$2.2 billion (R$12 billion).
O Money Times contacted the company's advisors, who said they would not comment on the matter. A source, however, stated that the group has no intention of getting rid of its position in Vale.
See Raízen's statement