Cosan SA Industria e Comercio, Brazil's largest sugar and ethanol company by revenue, said Thursday that it signed an agreement to acquire lubricant maker Comma Oil and Chemicals, a unit of ExxonMobil.
Cosan, which didn't disclose the exact price of the acquisition, said it will pay less than $100 million.
Comma produces and distributes vehicles lubricants in the United Kingdom, Cosan said.
Dow Jones Newswires