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Petrobras Approves Unit Stake Sale to Mitsui

Posted by October 24, 2015

 

The board of Brazil's state-controlled Petróleo Brasileiro SA, also known as Petrobras, approved on Friday the sale of a minority stake in a natural gas distribution holding company to Mitsui & Co Ltd , although the conclusion of the deal hinges on certain aspects yet to be negotiated, a source with direct knowledge of the matter said.

(Reporting by Marta Nogueira; Writing by Guillermo Parra-Bernal; Editing by Diane Craft)
 

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