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: 2005 (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
OTC Brasil 2025
OTC Brasil 2025 Kicks Off in One Week with a Packed Prog...
22/10/25
Agreement
Wärtsilä Lifecycle agreement renewed to maintain safe, r...
22/10/25
Petrobras
Petrobras receives operating license for deepwater explo...
20/10/25
Equatorial Margin
License Grant for Drilling in the Equatorial Margin Is P...
20/10/25
Equatorial Margin
ABESPetro Statement on the Licensing of the Equatorial M...
20/10/25
Energy Transition
BNDES, Petrobras, and Finep select Valetec to manage the...
20/10/25
Pre-Salt
Petrobras and PPSA sign equalization agreement for Jubar...
20/10/25
WPC Energy Youth Forum
Kuwait to Host 8th WPC Energy Youth Forum in October 2025
20/10/25
Exports
Petrobras signs contract to sell six million barrels of ...
20/10/25
Petrobras
Petrobras puts the Harpia supercomputer into operation
10/10/25
PPSA
PPSA Publishes Notice for the Non-Contracted Areas Auction
10/10/25
ROG.e
IBP Launches the New ROG.e: The World’s Largest Energy F...
10/10/25
Pre-Salt
CNPE Sets Minimum Value of BRL 10.2 Billion for the Unio...
08/10/25
Natural Gas
Petrobras Carries Out First Natural Gas Import from Arge...
08/10/25
Agreement
Seagems renews Wärtsilä Lifecycle Agreement to support t...
07/10/25
Pre-Salt
Petrobras begins contracting for the construction of FPS...
03/10/25
International Company News
Alkhorayef Petroleum Company acquires GRC Technologies, ...
01/10/25
Pre-Salt
FPSO P-78 arrives at the Búzios Field
01/10/25
RD&I
Brazil Has the Capacity to Develop Its Own Technology fo...
01/10/25
Equatorial Margin
Ibama Approves Pre-Operational Assessment (APO) Conducte...
26/09/25
Sustainable Aviation
Embraer Advances SAF Studies Following Acquisition of Bi...
26/09/25
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