24 April 2024
Brazil’s Cosan eyes bid for BG Group’s Comgás stake
Publication date: 13 April 2012
Gas Strategies Group
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BG Group said on Thursday that it was holding discussions with Brazil’s Cosan, with the Brazilian company eyeing a potential bid for BG Group’s 60.1% stake in Comgás – Brazil’s largest gas distribution company. Cosan is Brazil’s largest sugar and ethanol producer and is keen to further its ties within the energy sector, having already launched a biofuels joint venture with Shell last year.