IG4 Offers to Buy Raizen Debt in Quest for Majority Stake

πŸ‡§πŸ‡· Bloomberg (BR) —

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IG4 Capital, a private equity firm known for acquiring control of Braskem SA, is now targeting a majority stake in Brazilian sugar and ethanol producer Raizen SA, which is experiencing financial distress.

Private equity firm IG4 Capital, fresh off a deal to take control of petrochemical giant Braskem SA, is now setting its sights on sugar and ethanol producer Raizen SA, another major Brazilian company in distress.

Markets Deals Energy IG4 Capital Raizen SA private equity Braskem SA Brazil sugar production ethanol financial distress

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