Brief: Brazil's Cosan Receives 300 Million Real Offer For Interest In Port Sao Luis
BRIEF-Brazil's Cosan Receives 300 Million Real Offer For Interest In Port Sao Luis Aug 13 (Reuters) - Cosan S.A. CSAN3.SA:
HAS FORMALIZED A LETTER OF INTENT SUBMITTED BY A THIRD-PARTY ACQUIRER FOR THE SALE OF THE COMPANY'S ENTIRE INTEREST IN TERMINAL DE USO PRIVADO PORTO SAO LUIS - FILING
THE PROPOSAL, WHICH PROVIDES FOR AN EXCLUSIVITY PERIOD FOR THE NEGOTIATION, CONTEMPLATES AN OFFERED PRICE OF 300 MILLION REAIS
COMPANY MAY BE ENTITLED TO AN EARN-OUT RELATED TO POTENTIAL NEW BERTHS IMPLEMENTED OR TO BE IMPLEMENTED AT THE PORT THROUGH 2035
Source text: ID: nNDL8gX0m0
Further company coverage: CSAN3.SA
(Reporting by Sao Paulo newsroom)
((fernando.cardoso@thomsonreuters.com;))
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