Raizen's owners abandon talks to rescue struggling fuel producer, Bloomberg News reports
04/03/2026 03:58
March 3 (Reuters) - Talks to rescue troubled sugar and ethanol maker Raizen RAIZ4.SA have collapsed after co-owners Cosan CSAN3.SA and Shell SHEL.L failed to agree to a plan to raise capital, Bloomberg News reported on Tuesday, citing people familiar with the matter. Reuters could not immediately verify the report. (Reporting by Abu Sultan in Bengaluru; Editing by Sonia Cheema) ((Abu.Sultan@thomsonreuters.com;))
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