In Brazil, the AgriBiz reports according to information published by Bloomberg on Tuesday, Mitsubishi is in talks with Brazilian Cosan and the British Shell, managers of Raízen, for possible entry as a partner. According to the publication, the talks are at an early stage, and Mitsubishi is still evaluating whether to make a proposal to acquire the energy company’s shares.
The possibility had already been suggested by Raízen herself. In the disclosure of the balance sheet for the first quarter of the crop 2025/26, the company reported that it valued a capital increase, with a possible entry of a third partner. The amount desired for this capital contribution would be R$ 10 billion, according to Bloomberg. And the operation would result in a dilution of Cosan’s participation, as The AgriBiz had already anticipated. The idea of Raíízen’s controllers is to strengthen the company’s cash flow in the face of a debt that reached R$ 49.2 billion in the last balance sheet, with leverage of 4.5 times.