Prumo Logistica SA, the developer of the Acu port in Rio de Janeiro, agreed to sell a 20 percent stake of its oil terminal for $200 million to Marquard & Bahls AG’s Oiltanking GmbH.
The deal values Prumo’s oil-terminal unit at $1 billion, or more than 1.5 times the parent company’s market valuation as of Wednesday’s close.
Hamburg-based Oiltanking, the world’s second-biggest independent crude storage provider, will manage the oil operations at the terminal as part of the deal, said R. Blair Thomas, 53, chief executive officer of EIG Global Energy Partners LLC, the private-equity firm that controls Prumo.
Brazil Energy Insight 
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