Mediterranean | Middle East | Africa Trade
View Issue #590 Now!
Cosan confirms talks to buy railroad operator ALL
Brazilian energy company Cosan SA Indústria e Comércio said its Rumo Logística unit is in preliminary talks to purchase the country’s largest railroad operator, América Latina Logística SA , or ALL.
Cosan, the world’s largest sugar and ethanol exporter, said in a statement that no formal offer has been made to ALL. Local media has reported that the Brazilian government is working to convince Cosan to take over the railway operator. (Reuters)
American Journal of Transportation
116 Court Street, Suite 5
Plymouth, MA 02360
© Copyright 1999–2014 American Journal of Transportation.All Rights Reserved.