A team of Haynes and Boone lawyers represented affiliates of Royal Dutch Shell in a $950 million cash deal to sell its downstream facilities in Argentina to the Brazilian energy company Raízen.

Raízen is a joint venture created in 2011 between an affiliate of Shell and Cosan and is a leading biofuels producer and fuels distributor in Brazil currently managing more than 6,000 Shell-branded service stations, according to a release.

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