Brazil's Raizen appoints Pinheiro Neto, Cleary Gottlieb in bid to fix its fortunes

By Luciana Magalhaes and Oliver Griffin SAO PAULO, Feb 9 (Reuters) - Brazil's Raizen, the beleaguered sugar and ethanol producer, has appointed law firms Pinheiro Neto and ​Cleary Gottlieb as advisors to strengthen its liquidity as it tries to turn ‌its fortunes around, three people familiar with the matter said on Monday. Raizen, a joint venture between Brazilian conglomerate ‌Cosan and London-listed oil company Shell, has posted a series of heavy quarterly losses and racked up high levels of net debt ...