Petrobras signs contract for sale of Liquigás

Petrobras, following up on the press release of November 7, 2019, reports that it has signed today with Copagaz and Nacional Gás Butano a contract for sale of all its stake in Liquigás Distribuidora S.A.

The sale price is R$ 3.7 billion, to be adjusted according to contract rules and paid upon transaction closing. As part of the transaction structuring, a minority and material equity investment will be made by Itaúsa in Copagaz.

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