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Brazil’s Raízen acquired 50% stake in fuel distributor, enters Paraguay market with Shell brand

RIO DE JANEIRO, BRAZIL - Raízen, Shell's brand licensee in Argentina and Brazil, today announced the completion of its acquisition of a 50% stake in Paraguayan fuel distributor Barcos & Rodados, thereby extending its reach to the region's 3rd largest country.

With its forthcoming entry into Paraguay, the Brazilian company is taking a significant step towards the expansion and integration of its regional platform, taking its . . .

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