Photographer: Dado Galdieri/Bloomberg

Petrobras Said Close to $6 Billion Sale of Brazil Gas Pipelines

  • Brookfield, CIC, GIC and First Reserve said to be the buyers
  • Deal could be only divestment from Petrobras in Brazil in 2016

Brazil’s troubled state-run oil company Petrobras is close to selling a 81 percent stake in a natural gas pipeline network in Brazil for nearly $6 billion to a consortium led by Brookfield Asset Management Inc, said three people with direct knowledge of the matter.

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