Petrobras in Talks to Buy Manguinhos Refinery, Folha Reports

Petroleo Brasileiro SA (PETR4), Brazil’s state-run oil producer, is in talks to buy the Refinaria de Petroleos de Manguinhos SA refinery in Rio de Janeiro for at least 2 billion reais ($1.1 billion), Folha de S.Paulo reported, without saying how it got the information.

Petrobras and Manguinhos declined to comment, according to Folha.

Petrobras’s press office in Rio didn’t return a call and an e-mail from Bloomberg News seeking comment. Officials at Manguinhos couldn’t be reached.

To contact the reporter on this story: Carlos Caminada in Sao Paulo at ccaminada1@bloomberg.net

To contact the editor responsible for this story: Helder Marinho at hmarinho@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.