Brief: San Jose unit Carlos Casado agrees with Brasilagro to sell property of joint venture

BrasilAgro - Companhia Brasileira de Propriedades Agricolas

07/10/2016 16:53

Oct 7 (Reuters) - Grupo Empresarial San Jose SA  GSJ.MC : 
    * Says the company Carlos Casado which is held by Grupo Empresarial San Jose in about 52 
percent has reached an agreement with Brasilagro Companhia Brasilera de Propiedades Agricolas 
(Brasilagro) to sell property of joint venture Cresca worth $120 million 
    * Says the agreement includes a possibility to sell shares of Cresca  
    * Says Carlos Casado and Brasilagro will divide Cresca if the sale is not formalized within 
120 days 
 
     
Source text for Eikon:  ID:nCNM8wGXC3  
     
Further company coverage:  GSJ.MC  
 
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