CSAN•Cosan's board approved an investment in FIP Maglev, funded with 377,829,490 Rumo ordinary shares, representing approximately 20.33% of total shares, including treasury stock.
Cosan's board met on Oct. 6, 2026, and approved an investment in FIP Maglev. The subscription will be funded with 377,829,490 Rumo ordinary shares, representing approximately 20.33% of total shares, including treasury stock.
BTG Pactual Gestora de Investimentos Alternativos will manage the fund, and BTG Pactual Serviços Financeiros will serve as administrator. BTG-linked directors abstained from the appointments vote due to potential conflicts of interest. Upon completion, the fund will become a “Relevant Subsidiary,” subject to governance provisions in the Nov. 7, 2025, shareholders' agreement.
