Mubadala Capital buys controls of Atvos

January 30, 2023 |

In Brazil, the Brazil Journal reports that after months of fights and accusations, Mubadala Capital managed to break down American fund Lone Star and bought control of the sugar and alcohol company Atvos, the former Odebrecht Agroindustrial. The agreement was signed last week and executives Ricardo K. and Giovanne Forace, partners at RK Partners, who now hold a stake in the company through their own vehicle, sources involved in the negotiation told the Brazil Journal. The value of the deal was not disclosed, but Lone Star held $5 million in equity and a face value of $370 million in debt. 

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Category: Fuels

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