Dossier
IG4
Coverage of IG4 in the Nexus archive.
- Raízen’s Loss Balloons to $1.45 Billion as Brazil’s Biggest Debt Deal Nears
Raízen reported a $1.45 billion Q4 loss and a $5.37 billion full-safra loss. Shell and IG4 are considering Brazil's restructuring amid the company's financial struggles.
- IG4 Says It Can Buy All Raizen Debt in Cash to Gain Control
IG4 has announced its intention to purchase all of Raizen's debt in cash to gain control of the company. A Raizen ethanol processing facility is located in Piracicaba, Sao Paulo state.
- IG4 Offers to Buy Raizen Debt in Quest for Majority Stake
IG4 has offered to buy Raizen's debt in an attempt to secure a majority stake. Raizen, supported by Cosan SA and Shell Plc, is facing challenges from high interest rates, weaker-than-expected harvests, and investments that have not yet generated significant returns.