Rumo may again try to sell stake in Malha Sul

Rumo may again try to sell stake in Malha Sul

Corporate & Sovereign Strategy Debt Capital Markets Equity M&A Project & Infrastructure Finance Brazil China Japan Latin America

Brazilian logistics company Rumo could make another attempt to sell an equity stake in its Malha Sul railway network if the government renews the concession, CEO Ricardo Lewin said on Thursday. Rumo previously entered negotiations to sell an equity stake in Malha Sul, but it ended the talks because they "took to long" and the company was approaching the end of the 30-year concession, Lewin said during an earnings call with analysts. "Today, we are 100% focused on the renewal of the southern netw

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