Brazil's Cosan says exclusive talks over interest in Rumo ended with no agreement
20/10/2026 23:28
Brazil's Cosan says exclusive talks over interest in Rumo ended with no agreement SAO PAULO, Oct 20 (Reuters) - Brazilian conglomerate Cosan CSAN3.SA said on Tuesday it had engaged in exclusive negotiations with potential investors interested in the firm's equity interest in rail freight unit Rumo RAIL3.SA, adding no agreement was reached.
Cosan said in a securities filing that the exclusivity period for talks has ended, without naming the potential investors. The firm continues to evaluate alternatives across all of its assets to optimize its capital structure, it added.
(Reporting by Fernando Cardoso in Sao Paulo; Editing by Andre Romani)
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