DivestmentJun 17, 2026, 09:22 AM
Cosan Subsidiary Sells 12% of Land Portfolio for BRL 1.85B
AI Summary
Cosan S.A. announced that its subsidiary, Radar Group, has entered into a purchase and sale agreement for the disposal of a portion of its agricultural properties. The transaction involves 41,214 hectares in Mato Grosso, representing 12% of Radar's total agricultural land portfolio, and is valued at BRL 1.85 billion. Cosan's interest in this sale amounts to approximately BRL 586 million, aligning with the company's strategic goals of divestments, deleveraging, and portfolio simplification.
Key Highlights
- Radar Group, a Cosan subsidiary, entered an agreement to sell part of its agricultural properties.
- The properties represent 12% of Radar's total agricultural land portfolio.
- The sale involves 41,214 hectares in Mato Grosso, used for soybeans, corn, and cotton.
- The total sale price offered by the third-party buyer is BRL 1.85 billion.
- Cosan's interest in the transaction corresponds to approximately BRL 586 million.
- The transaction aligns with Cosan's strategy of divestments, deleveraging, and portfolio simplification.
Price Impact
More from CSAN