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Sugar Mill Valuations Sink Toward Five-Year Lows as Cycle Turns

Brazilian sugar-and-ethanol mills are changing hands near the bottom of their five-year valuation range as sugar prices hover close to production costs and elevated...

Raízen Sells Caarapó Sugar Mill to Adecoagro for $148 Million

Raízen agreed to sell its Caarapó sugar and ethanol mill to Adecoagro for about $148 million (760 million reais), expanding the buyer’s sugarcane footprint...

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