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Brazil’s Cosan Announces NYSE Delisting, R$2.57 Billion Spin-off to Simplify Structure Under Debt Pressure

Brazilian conglomerate Cosan is delisting its ADSs from the NYSE and spinning off R$2.57B in assets to simplify its structure and tackle holding-level debt.

By Marcus Wright

Published
Brazil’s Cosan Announces NYSE Delisting, R$2.57 Billion Spin-off to Simplify Structure Under Debt Pressure
Illustration — BRZ.news

Brazilian conglomerate Cosan is delisting its ADSs from the NYSE and spinning off R$2.57B in assets to simplify its structure and tackle holding-level debt.

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