Raizen Business Split Gives Shell Some Rights Over Fuel Unit

Raizen SA is selling a portion of its fuel distribution business and offering shareholder Shell Plc a stake in the unit, according to people familiar with the matter. The fuel distribution business is one of Raizen's profitable operations. No additional details on the stake size, sale price, or timeline were provided.

• Bloomberg — Raizen Business Split Gives Shell Some Rights Over Fuel Unit

Next story