By Christine Wipfli, Contributing Reporter
RIO DE JANEIRO - After five months of negotiations, the deal has finally been made to create one of Brazil’s largest Biofuel companies after Brazilian ethanol firm ETH Bioenergy announced at a teleconference that it will acquire its debt-burdened rival Brenco.
The two companies have been looking to consolidate in order to meet the high capital needed to achieve their ambitious targets, but the deal also reflects a market shift as a drop in . . .