Cosan -15% in two days after disclosing Vale stake with 'no clear synergies'

Oct. 10, 2022 2:57 PM ETCosan S.A. (CSAN), VALEBy: Carl Surran, SA News Editor7 Comments

Iron Ore reclaimer machine and stockpile

Dazman/E+ via Getty Images

Cosan (NYSE:CSAN) -6.8% in Monday's trading and plunging 15% in two sessions after disclosing it acquired a 4.9% stake in Vale (NYSE:VALE) common shares, with plans to add another 1.9% holding in

Recommended For You

Comments (7)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.