FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Report of Foreign Issuer
 
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934


For the month of February, 2012
 
Commission File Number: 1-33659

COSAN LIMITED
(Translation of registrant’s name into English)

Av. Juscelino Kubitschek, 1726 – 6th floor
São Paulo, SP 04543-000 Brazil
(Address of principal executive offices)


Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F
 X 
 
Form 40-F
___

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes
___  
No
 X 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes
___  
No
 X 




 
 
 
 

COSAN LIMITED

Item
 
1.
Relevant Fact dated February 21, 2012
 
 
 
 

 
 
Item 1
 
 
 COSAN S.A. INDÚSTRIA E COMÉRCIO
 
Corporate Taxpayer’s ID (CNPJ): 50.746.577/0001-15
 
COMPANY REGISTRY (NIRE): 35.300.177.045
 
Publicly Held Company
 
Material Fact
 
 
 COSAN S.A. INDÚSTRIA E COMÉRCIO (BM&FBovespa: CSAN3) (“Company” or “Cosan”), announces today that it signed with Riccardo Arduini, Julia Dora Koranyi Arduini and GMI – Global Market Investments L.P. (together "Sellers")  a Sales and Purchase Agreement ("SPA") to acquire shares issued by ALL – América Latina Logística S.A. (“ALL”) subject to certain conditions precedent set out in the referred agreement.  The Company will acquire 38,980,117 (thirty-eight million, nine hundred and eighty thousand, one hundred and seventeen) ALL shares ("the Shares") of which 34,000,000 (thirty-four million) shares are part of a shareholders agreement signed between the Sellers and other shareholders ("Shareholders Agreement") for a total price of R$ 896,542,680.00 (eight hundred ninety-six million, five hundred forty-two thousand, six hundred and eighty reais), adjusted by inflation (IPCA index).
 
The acquisition will only be implemented once the following conditions are fulfilled:
 
(i) The Sellers obtaining all governmental approvals which are required prior to the consummation of the SPA; and
 
(ii) The Sellers obtaining approval from the other signatories of the Shareholders Agreement  for (a) the execution of the SPA, notwithstanding the prohibition on the Shares' transfer provided for in the Shareholders Agreement, (b) the non exercise of the right of first refusal of the other signatories of the Shareholders Agreement allowing the Company to purchase all (and not less than all) Shares, and (c) the Company's becoming part of the Shareholders Agreement based on terms and conditions acceptable to both the Company and the Sellers.

The Company will keep the market informed as soon as the conditions precedent are fulfilled and the acquisition is concluded The transaction is subject to all necessary regulatory approvals including Brazilian antitrust authority (CADE), in accordance with the applicable law.
 
Cosan will host a conference tomorrow afternoon, February 22nd, to discuss the details related to the material fact. Information on how to participate in the conference call will be provided in due time.
 
São Paulo, February 21st, 2012
 
Marcelo Martins
 
CFO &IRO
 
 
 
 

 

 
SIGNATURES

 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 

 
   
COSAN LIMITED
 
       
Date:
February 22, 2012
 
By:
/s/ Marcelo Eduardo Martins
 
       
Name:
Marcelo Eduardo Martins
 
       
Title:
Chief Financial Officer and Investor Relations Officer