Brazilian company buys Shell downstream assets in Argentina

Wednesday, April 25th 2018 - 08:59 UTC

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Brazil’s Raizen Combustiveis SA agreed to buy downstream assets in Argentina from Royal Dutch Shell for US$ 950 million, according to a securities filing on Tuesday. Raízen Combustiveis, a joint venture between Brazil´s Cosan SA Indústria e Comércio and Shell, will have a 20% market share in fuel distribution in Argentina. Read full article

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:o))
Is this a NEW racket or is it an offspring of the same OLD racket?
Apr 25th, 2018 - 01:41 pm - Link - Report abuse 0
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