Cosan fiscal council backs total spinoff of Radar II, winding down farm property unit - CSAN News | RalliesCosan fiscal council backs total spinoff of Radar II, winding down farm property unit
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CSAN• Fiscal council backs full split of Radar II
- Cosan’s fiscal council backed a plan to fully split Radar II Propriedades Agrícolas, leading to Radar II’s dissolution.
- Assets and liabilities would be absorbed by Cosan, with the remainder allocated to Mansilla Participações based on their ownership stakes.
- The transaction is structured to avoid any Cosan capital increase, share issuance, or change in equity.
- The council also endorsed the PwC valuation report and cleared the proposal for submission to an extraordinary shareholders’ meeting.
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