Raízen Shareholders Approve Business Split Under Restructuring Plan

PUBT · 23h ago
Raízen Shareholders Approve Business Split Under Restructuring Plan
  • Raízen shareholders approved restructuring measures enabling a capital increase of up to R$ 39.8 billion, including conversion of creditor claims into equity.
  • Shell would contribute up to R$ 3.5 billion; Aguassanta could invest R$ 500 million if it elects to participate.
  • Shareholders authorized a capital reduction of up to R$ 35 billion through distribution of Raízen Energia securities to shareholders.
  • The planned separation would create two independent listed companies: Raízen Energia covering ethanol, sugar and bioenergy; Raízen retaining Shell-branded fuel distribution and lubricants.
  • Preparations will begin for a competitive process evaluating potential investment in fuel distribution, potentially through a secondary public offering.


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