Brazil's Cosan To Acquire Comma From Exxon Mobil
March 01 2012 - 07:40AM
Dow Jones News
Cosan SA Industria e Comercio (CSAN3.BR), Brazil's largest sugar
and ethanol company by revenue, said Thursday that it signed an
agreement to acquire lubricant maker Comma Oil and Chemicals Ltd.,
a unit of Exxon Mobil Corp. (XOM).
Cosan, which didn't disclose the exact price of the acquisition,
said it will pay less than $100 million.
Comma produces and distributes vehicles lubricants in the United
Kingdom, Cosan said.
-By Rogerio Jelmayer, Dow Jones Newswires; 55-11-3544-7071;
rogerio.jelmayer@dowjones.com
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