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MercoPress, en Español

Montevideo, April 27th 2024 - 05:20 UTC

Tag: distribution branch

  • Friday, July 26th 2019 - 09:49 UTC

    Petrobras sells off a majority share of its distribution branch

    Petrobras said on Wednesday it now has a 41.25% stake in the Petrobras Distribuidora unit, down from the 70% before the sale started Tuesday.

    Brazilian oil giant Petrobras says it’s already sold off its majority share in its fuel distribution branch, and hopes the total sale will raise about US$ 2.5 billion. Petrobras said on Wednesday it now has a 41.25% stake in the Petrobras Distribuidora unit, down from the 70% before the sale started Tuesday.