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August 20, 2007 | Jim Lane | Comments 0

Successful IPO for Brazilian ethanol producer Cosan

MSNBC reports on the successful IPO for Brazlian ethanol giant Cosan, which raised more than $1 billion in its flotation last week in New York. A successful IPO for Coasan, with the Dow rising and falling more than 300 points on different days last week, is a significant indicator of the confidence of the international market in Brazilian ethanol.

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