Brazil Sugar Specialist Draws Suitors

Brazil Sugar Specialist Draws Suitors


Several companies have recently shown interest in acquiring Brazilian sugarcane grower and ethanol producer Nova America, according to two sugar industry experts who asked not to be identified. One of the companies rumored to be interested in Nova America, a subsidiary of Sao Paulo-based holdco Rezende Barbosa, is ETH Bioenergia, a subsidiary of Odebrecht Group. ETH executives did not return calls seeking comment, though the company has said publicly that it is looking at acquisition opportuniti

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