Brazil's Raízen interested in ethanol mill owned by India's Shree Renuka -sources

  • Reuters
  • Stock Market News
Brazil's Raízen interested in ethanol mill owned by India's Shree Renuka -sources
Credit: © Reuters.

SAO PAULO, Aug 24 (Reuters) - Brazil's Raízen Energia SA is interested in bidding for an ethanol mill owned by the Brazilian subsidiary of India's sugar producer Shree Renuka Sugars Ltd SRES.NS , which will be auctioned in early September, two sources with knowledge of the matter said.

Raízen, which is a Brazilian joint venture between Cosan SA Industria e Comércio CSAN3.SA and Royal Dutch Shell RDSa.L , made a late request to join the auction and would have to receive a special authorization from creditors to bid, the sources said, asking to remain anonymous as they are not authorized to discuss the matter publicly.

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