Shareholders of Brazil's Raizen vote to back restructuring plan
30/10/2026 19:17
Shareholders of Brazil's Raizen vote to back restructuring plan By Luciana Magalhaes and Oliver Griffin
SAO PAULO, Oct 30 (Reuters) - Shareholders of Brazil's Raizen RAIZ4.SA, a global sugar and ethanol producer, on Friday voted to approve the implementation of the company's out-of-court restructuring plan, three people familiar with the matter told Reuters.
The package includes a planned capital increase of between 3.5 billion to 39.8 billion reais ($642.2 million to $7.3 billion), according to a company filing published on Monday.
($1 = 5.45 Brazilian reais)
(Reporting by Luciana Magalhaes and Oliver Griffin; Editing by Fernando Cardoso)
((oliver.griffin@thomsonreuters.com; +55 11 95361-2170))