Cosan S.A. (CSAN)

The company now

On 28 October 2026 Cosan said it settled a tax bill tied to Raízen, its sugar, ethanol and fuel joint venture with Shell, with Brazil's tax authorities 2. Cosan's economic share was about R$3.2 billion of federal tax disputes, and about R$2.9 billion of that earned a 63% discount 2. Credits of about R$870 million from Cosan's tax losses cover most of the rest, leaving a net cash payment of about R$200 million 2.

On 20 October 2026 Cosan said the exclusive talks over selling part of its stake in Rumo, its rail logistics company, ended with no deal 3. The period of exclusivity expired without an agreement Cosan judged right, and it said it keeps weighing options across all its assets 3.

Cosan filed Form 25 on 8 September 2026 to remove its American depositary shares from the New York Stock Exchange, with 18 September 2026 the last day of trading there 4. The shares keep trading over the counter in the United States 4. Cosan said the step cuts costs and sharpens its focus 6.

For the second quarter of 2026 Cosan reported a net loss of R$320 million, 66% smaller than a year earlier 8. Its holding-company debt net of cash fell to R$9.2 billion, 47% below a year earlier 8.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.