The Abu Dhabi sovereign fund will invest BRL 500 million (about USD 97.82 million) in the Brazilian company in exchange for a 31.5% stake. The FIP Agroenergia holding fund will be in charge of preparations.
LATEST NEWS
- Brazil’s Natura taps Arab perfumery as a strategy
- An Eid al-Adha in Morocco
- AD Ports acquires Brazilian logistics operator CLI
- Former Arab Chamber President Walid Yazigi dies
- Tunisia boosts olive oil export revenues
- IMF sees Brazil resilient amid global uncertainty
- Mauritania pursues reforms to boost growth
- Brazil’s GDP grows 1.1% in the first quarter
