Exxon to sell UK lubricants unit Comma to Cosan
3/1/2012 12:00:00 AM
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
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