STXNEWS LATAM-Cosan, Shell negotiating Brazil convenience stores venture

Fri May 3, 2013 8:29am EDT

Raizen SA, a joint venture between Brazilian Sugar and ethanol producer Cosan and Royal Dutch Shell, is negotiating a new partnership with International Meal Company (IMC), according to a securities filing on Friday.

The filing was made in response to an article in newspaper Valor Economico that reported Raizen and IMC want to form a joint venture to open convenience stores in local gas stations.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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