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BP In Talks To Buy Jet Fuel Assets From Brazil Raizen - Report

SAO PAULO -(Dow Jones)- BP PLC (BP) is in talks to acquire some jet fuel assets from Brazilian fuels company Raizen, reported O Estado de S. Paulo in its Tuesday edition. BP will buy a subsidiary of Raizen called Jacta Participacoes for up to 200 million Brazilian reais ($108 million), the newspaper said, without citing where it got the information. Raizen and BP officials weren't immediately available for comment when contacted by Dow Jones Newswires. If completed, BP will hold a market share of 15% of the local jet fuel industry, the report said. It didn't unveil the current market share of BP. Earlier this year, when Raizen joint venture was created, the government antitrust body ruled for the sale of some assets of Cosan and Shell, including a portion of its jet fuel assets, said the report. --By Rogerio Jelmayer, Dow Jones Newswires; 55-11-3544-7071; rogerio.jelmayer@dowjones.com

Stock News for Cosan Limited Cl A (CZZ)
DateTimeHeadline
07/28/201418:10:48Brazilian Stocks Close Lower; Real Stronger Against Dollar
11/15/201309:01:33HBK Investments LP 3Q 13F: Holdings As Of Sep 30 -2-
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11/15/201308:55:37Highbridge Capital Management 3Q 13F: Largest Eliminations
11/15/201308:55:35Highbridge Capital Management 3Q 13F: Largest -2-
11/15/201308:55:35Highbridge Capital Management 3Q 13F: Largest Sales
11/15/201308:55:35Highbridge Capital Management 3Q 13F: Largest Purchases
12/06/201206:05:12Brazil's Cade Approves Raizen Creation
11/06/201203:26:34BG Group Completes $1.7 Billion Comgas Stake Sale
10/31/201216:22:15Brazil's Comgas Sees Industrial Volumes Up in 2013 After Fall...
09/26/201219:28:19Brazil's Raizen Sees Record Sugarcane Crop In 2013 - Executive
05/29/201207:36:14Brazil's Cosan, Camil To Merger Food Operations
05/29/201202:47:08BG Group Sells Entire 60.1% Stake In Comgas For $1.7 Billion
05/09/201216:22:21Brazil's Cosan Shares Rise On Planned Debt Sale
05/03/201202:47:55BG MOU With Cosan For Sale Of Its 60.1% Holding In Comgas For...
04/12/201210:04:54Brazil's Cosan In Talks With BG For Comgas Controlling Stake
04/12/201209:44:24BG Group Confirms Talks With Cosan Over Comgas Interest
03/21/201210:28:51Subpar Rainy Season Threatens Brazil's Sugarcane Crop
03/01/201207:40:13Brazil's Cosan To Acquire Comma From Exxon Mobil
02/22/201216:04:03SOFTS HIGHLIGHTS: Top Stories Of The Day

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