Cosan says no decision yet on potential sale of Rumo stake as binding bids arrive - CSAN News | RalliesCosan says no decision yet on potential sale of Rumo stake as binding bids arrive
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CSAN• Cosan evaluates options for Rumo stake sale
- Cosan said it is evaluating options to sell part of its equity stake in Rumo as part of a deleveraging strategy.
- The process has reached the stage where potential buyers are submitting binding proposals, following a June 29 market notice.
- No decision has been made on executing any transaction involving the Rumo stake.
- Updates will be provided if there are material developments.
