Logistics

Cosan will submit Rumo-ALL merger to Cade in the coming days

The deal under discussion is part of transition rules.

Valor Econômico
25/04/2014 14:58
Visualizações: 1750 (0) (0) (0) (0)

 

Cosan will submit Rumo-ALL merger to Cade in the coming days
Cosan is expected to take the Rumo-ALL merger for analysis by the Administrative Council for Economic Defense (Cade) anti-trust court in coming days. Until the body makes a decision, the companies must operate separately, even if the deal is approved at a shareholder meeting. 
With the merger, the resulting company will carry less sugar and more of other commodities, which offer more advantageous freight (by using a larger stretch of ALL's rail network). Valor has learned that the reduction in the transport of sugar may begin soon, even before Cade’s decision. 
The deal under discussion is part of transition rules for the coexistence of the companies in an attempt to smooth the billion-real dispute over the contract signed in 2009. 

Cosan is expected to take the Rumo-ALL merger for analysis by the Administrative Council for Economic Defense (Cade) anti-trust court in coming days. Until the body makes a decision, the companies must operate separately, even if the deal is approved at a shareholder meeting. 

With the merger, the resulting company will carry less sugar and more of other commodities, which offer more advantageous freight (by using a larger stretch of ALL's rail network). Valor has learned that the reduction in the transport of sugar may begin soon, even before Cade’s decision. 

The deal under discussion is part of transition rules for the coexistence of the companies in an attempt to smooth the billion-real dispute over the contract signed in 2009. 

 

Most Read Today
see see
Geological Studies
R&D Clause Enables Project to Strengthen Critical Minera...
15/09/25
Fuels
ANP Approves Pilot Project with New Fuel Inspection Equi...
15/09/25
RD&I
Sensor Developed by Unicamp and UnB Advances in Internat...
15/09/25
Event
ABPIP Hosts SMS Oil & Gas Meeting Focused on Leadership,...
15/09/25
International
Petrobras announces participation in exploratory block i...
15/09/25
REVAP
Revap Maintenance Shutdown Involves R$ 1 Billion Investment
15/09/25
Rio Pipeline & Logistics 2025
Tanacas celebrates 25 years with the launch of the Smart...
11/09/25
Rio Pipeline & Logistics 2025
Offshore Projects to Strengthen Energy Security in Brazi...
11/09/25
Rio Pipeline & Logistics 2025
IBP Booth Hosts Inspiring Debate on Women in Midstream a...
11/09/25
Rio Pipeline & Logistics 2025
Rio Pipeline 2025 Exhibition Showcases Innovations in En...
11/09/25
Production
Brazil’s Federal Government Oil and Natural Gas Producti...
11/09/25
Rio Pipeline & Logistics 2025
Brazil and Argentina Close to Agreement on Natural Gas T...
11/09/25
Rio Pipeline & Logistics 2025
ITP Brasil showcases high-performance engineering soluti...
10/09/25
Rio Pipeline & Logistics 2025
Overview of investments in pipeline and logistics infras...
10/09/25
Rio Pipeline & Logistics 2025
Young talents present innovative solutions at the Young ...
10/09/25
Rio Pipeline & Logistics 2025
Ministry of Ports and Airports aims to expand the role o...
10/09/25
Auction
PPSA makes available access to the Hybrid Data Package f...
10/09/25
Rio Pipeline & Logistics 2025
Rio Pipeline & Logistics 2025 Opens with Stronger Integr...
09/09/25
Rio Pipeline & Logistics 2025
At Transpetro, Social Responsibility Initiatives Support...
09/09/25
Rio Pipeline & Logistics 2025
DNV participates in Rio Pipeline & Logistics 2025
09/09/25
Rio Pipeline & Logistics 2025
Construtora Elevação Brings Innovation, Efficiency, and ...
09/09/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.

2