Petrobras Selling Stake in Natural Gas Distributor to MitsuiBy
Sale of 49% stake in final stages; terms not disclosed
Deal needs authorization from Petrobras board and regulators
Petroleo Brasileiro SA, Brazil’s state-controlled oil company, is in the final stages of selling a stake in a natural gas distribution holding company to Japan’s Mitsui & Co. as it seeks to raise cash by divesting assets.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.