Cosan kicks off Moove's IPO; wants to price an offer in October

Today, Cosan filed with the SEC for the IPO of Moove, its company focused on the manufacture and sale of lubricants. According to sources involved in the transaction, the company intends to launch the offer in the first week of October and price it the following week - marking the first IPO of a Brazilian company since Nubank in December 2021. The prospectus does not reveal how much Moove intends to raise or the desired valuation. Companies in t…