BP acquires Brazilian sugar/ethanol production companies Tropical Bioenergia SA and CNAA

摘要

BP announced today that will be the sole owner of Tropical BioEnergia SA and Companhia Nacional de Acucar e Alcool (CNAA). The acquisitions involved buying out joint venture partners (Maeda S.A. Agroindustrial (25%) and LDC SEV Bioenergia S.A. (25%)) to the tune of approximately US$71 million and securing additional 3% stake at the cost of approximately $25 million in CNAA to bring its shareholding to 99.97%.