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: 2468 (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
State of Ceará
Companies from Ceará lead the H2MOVER-Pecém project, sel...
08/01/26
Maritime Support
Ambipar carries out more than 600 port and maritime emer...
07/01/26
Petrobras
Petrobras celebrates 20 years of the Santos Basin Unit
07/01/26
Pelotas Basin
TGS launches maritime safety application for operations ...
07/01/26
Diesel
Petrobras and Vale move forward with fuel supply partnership
07/01/26
ANP
In November, Brazil produced 4.921 million boe/d
07/01/26
Offshore Operations
Crew training and connectivity are the true enablers of ...
23/12/25
Recognition
IBP Wins the “Events Oscar” Once Again with ROG.e 2024
11/12/25
FIRJAN
Rio Could Generate 676,000 New Jobs by Stimulating Nine ...
11/12/25
Inland Navigation
Grease-Free Revolution in Latin America’s Workboat Sector
10/12/25
PPSA
Production-Sharing Contracts to Produce 2 Million Barrel...
10/12/25
Recognition
National Public Transparency Program Grants Transpetro I...
10/12/25
Logistics
Transpetro expands its logistics operations with the int...
09/12/25
Auction
PPSA raises around R$ 8.8 billion from the sale of the F...
08/12/25
PPSA
Petrobras announces results of PPSA’s Non-Contracted Are...
08/12/25
Niterói
Niterói concludes second edition of Tomorrow Blue Econom...
02/12/25
Recognition
ABS Consulting Earns Third Elev8 GovCon Honor for Excell...
22/11/25
Award
Aed Energy Wins at the 2025 Energy Storage Awards
22/11/25
Mossoró Oil & Gas Energy 2025
PetroSupply Meeting to Boost Business at Mossoró Oil & G...
21/11/25
Results
Union’s Oil Production Reached 174 Thousand Barrels per ...
21/11/25
International Company News
TGS Extends Agreement with the Government of the Federal...
21/11/25
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.