Petrobras On BR Distribuidora S.A. News

(Petrobras, 17.Jun.2020) — Petrobras, regarding to the news published in the media, referring to the sale of its stake in BR Distribuidora S.A. (BR), clarifies that, according to the press released on 16 January 2020, has been studying a possible additional sale of its stake in BR.

However, there is still no deliberation by the company’s internal bodies regarding the amount of the stake to be negotiated, the ideal structure of the transaction or even about its actual execution, which will depend on market conditions. Material facts on the subject shall be timely communicated to the market.

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