Petrobras

PetroquímicaSuape and Citepe Sale Process

Rio de Janeiro, February 22, 2017 – Petróleo Brasileiro S.A. – Petrobras, in addition to the material fact disclosed on January 31, 2017, informs that a Regional Federal Court issued a decision today to grant suspensive effect to Petrobras’ appeal in the divestment project regarding the sale of Companhia Petroquímica de Pernambuco (“PetroquímicaSuape”) and Companhia Integrada Têxtil de Pernambuco (“Citepe”).

With the favorable decision of the Court, Petrobras may continue with this divestment. The project is one of the five transactions which the contracts may be signed pursuant to the preventive order of the Brazilian Federal Accounting Court (TCU), as disclosed in the material fact announced on December 20, 2016.

Categories: Petrobras

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s