One of the biggest IPOs in the last opening window was that of energy generator and distributor Raízen, raising R$ 6 billion in Aug/21. The company is a successful Joint Venture between Shell and Cosan, 2 energy companies that joined efforts, expertise and technologies to build a giant in the renewables sector. Today's pill details what Joint Ventures are, the main reasons that lead companies to form JVs and highlights some well-known operations of the genre.
