Raizen Agrees to Sell Argentina Downstream Business to Mercuria in $1.42B Deal
Brazilian sugar and ethanol producer Raizen has agreed to sell its downstream operations in Argentina, including the Dock Sud refinery, to Mercuria Energy for $1.42 billion, which includes debt. The deal is expected to impact both energy trading markets and regional refining sectors.
Topics: $1.42B deal Argentina operations Mercuria Energy Raizen