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8 results for “Brazilian conglomerate

New CSN CEO Launches Major Asset Sale to Slash R$42.1 Billion Debt
PROMarketsSep 06

New CSN CEO Launches Major Asset Sale to Slash R$42.1 Billion Debt

Brazilian conglomerate CSN's new chief, Fabio Schvartsman, moves to sell its core cement division and German steel plant to cut massive debt.

JBS Owner J&F Enters Brazil’s Strategic Defense Sector with Acquisition of Avibras
PROMarketsAug 22

JBS Owner J&F Enters Brazil’s Strategic Defense Sector with Acquisition of Avibras

Brazilian conglomerate J&F, controller of JBS, acquires strategic defense firm Avibras, a move following President Lula's push for the national defense industry.

Brazil Conglomerate Cosan Moves to Delist ADRs from NYSE in Bid to Simplify Complex Structure
PROMarketsAug 18

Brazil Conglomerate Cosan Moves to Delist ADRs from NYSE in Bid to Simplify Complex Structure

Brazilian conglomerate Cosan is voluntarily delisting its ADRs from the NYSE, effective September 18, 2026, to simplify its capital structure.

Brazil’s Cosan Announces NYSE Delisting, R$2.57 Billion Spin-off to Simplify Structure Under Debt Pressure
PROMarketsAug 15

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.

Cosan to Delist from NYSE After R$2.57 Billion Agricultural Unit Spin-off
PROSmall CapsAug 15

Cosan to Delist from NYSE After R$2.57 Billion Agricultural Unit Spin-off

Brazilian conglomerate Cosan is voluntarily delisting its ADSs from the NYSE as part of a major corporate restructuring to simplify its balance sheet and structure.

Moody's Local Downgrade Hits Cosan as Raízen Restructuring Signals Weaker Dividend Flow
PROMarketsAug 11

Moody's Local Downgrade Hits Cosan as Raízen Restructuring Signals Weaker Dividend Flow

Moody's Local Brasil cut the rating for Brazilian conglomerate Cosan (CSAN3) to A+.br, reflecting the credit deterioration of its subsidiary Raízen.

Cosan (CSAN3) Rating Cut as Raízen’s Debt Crisis Spurs Contagion Fears in Brazil Conglomerate
PROMarketsAug 11

Cosan (CSAN3) Rating Cut as Raízen’s Debt Crisis Spurs Contagion Fears in Brazil Conglomerate

Moody's Local Brasil downgrades Cosan to A+.br on risks from Raízen's R$65 billion debt restructuring and holding company's reduced portfolio.

Cosan Downgrade Highlights Spillover Risk from Raízen’s $12.8 Billion Debt Restructuring
MarketsAug 11

Cosan Downgrade Highlights Spillover Risk from Raízen’s $12.8 Billion Debt Restructuring

Moody's Local Brasil cut the rating on Brazilian conglomerate Cosan, citing the severe financial distress at its energy subsidiary Raízen.