Cosan’s Ometto seeks $141 million loan to maintain control - Bloomberg
NeutralFinancial Markets
Cosan's CEO, Luis Ometto, is seeking a $141 million loan to ensure the company's control remains intact amid ongoing market fluctuations. This move is significant as it highlights the challenges faced by companies in maintaining stability and governance during uncertain economic times. The loan could provide the necessary financial backing for strategic initiatives, allowing Cosan to navigate potential risks and continue its operations effectively.
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