Uncategorized

Petrobras clears way for the future sale of Transpetro

7/19/18

Petrobras has cleared a formal way to sell Transpetro’s shareholding control in the future, following a recent change in its subsidiary’s bylaws, according to information published in the newspaper Valor Econômico on Wednesday.

The revision of the status of the logistics and transportation company, approved at an extraordinary general meeting in June,

canceled an article that prevented the sale of more than 50 percent of the capital of the subsidiary.

The inclusion of Transpetro in the program of partnerships and divestments is not, however, in the priority list of the oil company, at this moment, a source told Valor.

Source: Reuters

Categories: Uncategorized

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 )

Google+ photo

You are commenting using your Google+ 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 )

Connecting to %s