Cosan’s lubricants subsidiary, Moove, has set its sights on a $1.94 billion valuation for its initial public offering in the United States. The company and some of its current shareholders have launched an offer of 25 million shares, aiming to raise up to $437.5 million. Moove has priced its shares between $14.50 and $17.50 each. […]
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Brazil Coffee Exports Steady in 2023 Despite Value Drop
In 2023, Brazil’s coffee exports remained nearly consistent in volume, reaching 39.24 million 60-kilogram bags. However, their value saw a 13% decrease, as reported by the industry’s trade association. This slight reduction in quantity, a mere 0.4%, resulted in revenues of $8.041 billion, 13% lower than the record high in 2022. Márcio Ferreira, president of […]
