Atvos, a Brazilian ethanol and sugar producer backed by Mubadala Capital, is among companies considering bids to acquire three sugar mills from Brazil’s Raizen SA, according to people familiar with the matter.
Raizen, a joint-venture between Shell Plc and Cosan SA, hired Banco Itau BBA for the sale, according to one of the people. The mills are in the Brazilian state of Mato Grosso do Sul.
