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IG4 Says It Can Buy All Raizen Debt in Cash to Gain Control (opens original article in a new tab)

TL;DR

IG4 Capital says it can buy all Raizen SA debt in cash to gain control.

  • IG4 Capital states it has sufficient capital to purchase Raizen SA's debt entirely in cash.
  • The firm aims to acquire enough of Raizen's obligations to obtain a 50.1% equity stake.
  • IG4 is seeking control of Raizen SA, a troubled sugar and ethanol producer.

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