Cosan looks to satisfy the IPO market’s sweet tooth.
The big Brazilian sugarcane company — whose products find their way into sugar bowls and fuel tanks alike — has filed for a $2 billion IPO on the Big Board. Lately the company has benefited from strong sales in both sugar and sugarcane-based ethanol: last year it enjoyed a net profit margin above 20% on sales of nearly $1.7 billion.
Category: IPOs, Manufacturing & Heavy Industry
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