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The Nexus
BUSINESSJun 30 · 09:08 UTCTHE RIO TIMESRafael Silva Santos

Cosan Drops the Denials and Puts Its Rumo Stake in Play

Cosan confirmed it is evaluating alternatives for its stake in railway Rumo, including a partial sale, and has hired BTG Pactual to manage the process. The company holds approximately 20% of Rumo, Brazil's largest railway.

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