Mercuria Sets $1.4 Billion Deal for Raizen Argentina Fuel Assets

Global trading house Mercuria Energy Group Ltd. has reached a deal to acquire one of Argentina’s biggest refineries and a network of hundreds of gas stations from Brazil’s struggling Raizen...

By Jonathan Gilbert, Lucia Kassai, Cristiane Lucchesi · Bloomberg Markets

Global trading house Mercuria Energy Group Ltd. has reached a deal to acquire one of Argentina’s biggest refineries and a network of hundreds of gas stations from Brazil’s struggling Raizen SA.