Cosan SA Industria e Comercio (CSAN3.SA)
23 May 2019
Latest Key Developments (Source: Significant Developments)
Oct 10 (Reuters) - Shell -:Shell divests its interest in Comgas for a headline of $380 million.Shell Gas Bv, Shell Brazil Holding Bv and Integral Investments Bv signed an agreement with Cosan Ltd.Agreement with Cosan to execute put option agreement which allows Shell to sell all of its 16.8% interest in Comgas to Cosan.Shell will exchange its 21.8 million common shares in Comgas for Cosan S.A. shares plus cash.Headline for the transaction with Cosan is approximately US$380 million. Full Article
SAO PAULO, May 13 Cosan SA Indústria e Comércio CSAN3.SA, one of Brazil's largest energy and logistics companies, said on Tuesday it posted a quarterly net profit of 395.7 million reais ($99 million), up 14.5% from a year earlier.