Cosan Says Evaluating Petrobras Assets for Sale

Brazilian energy and logistics group Cosan SA Indústria e Comércio is evaluating opportunities that might arise from state-run oil company Petrobras's divestment program, said Cosan chairman Rubens Ometto on Thursday.

 

Ometto added that a possible gasoline price cut reported to be under discussion among Petrobras's management earlier this week would be an unwelcome government intervention in the company.