COFCO Agri may bid for Renukas sugar mill in Brazil - document
COFCO Agri may bid for Renukas sugar mill in Brazil - document
Chinese commodities trader COFCO Agri has asked to participate in a court auction in Brazil where a sugar mill owned by India`s Shree Renuka Sugars Ltd will be sold as part of an in-court debt restructuring, according to court documents seen by Reuters on Tuesday.
According to the documents, Brazilian sugar firm Companhia Mineira de Açúcar e Álcool (CMAA) has also filed to take part in the auction scheduled for September 4.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.