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SOUTH AMERICA

BG offloads Comgás

BG GROUP has decided to sell its stake in Brazil's largest gas distribution company Comgás for $US1.8 billion ($A1.7 billion) as part of plans to release around $5 billion of capital over the next two years.

Marija Stojkovic
BG offloads Comgás

The sale to Cosan, which operates the world's largest sugarcane processing operation with Shell in Brazil, is subject to a definitive sale agreement with the deal expected to be completed, subject to regulatory...

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