Brazil biofuels giant Raízen files for IPO that could be one of the largest in history

The offering is aimed at investors concerned with sustainability, as the company has an unparalleled leadership position in the field of biofuels.

RIO DE JANEIRO, BRAZIL - Raízen filed a request for an initial public offering (IPO) with the Brazilian Securities and Exchange Commission (CVM) on Thursday, June 3. Analysts had anticipated in May that the request would be made earlier this month, and reported that the value should float between US$10 billion and US$13 billion, which would make it among the largest in the history of the Brazilian B3 stock exchange.

Earlier this week, the joint venture between Brazilian infrastructure group COSAN (CSAN3) and Anglo-Dutch oil company Shell had announced its intention to request an IPO. Raízen . . .

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