(Petrobras, 18.Nov.2020) — Petrobras, following up on the release disclosed on 19 November 2019, informs the Administrative Council for Economic Defense (CADE), in a Court session held on this date, approved the sale of Liquigás Distribuidora S.A., a wholly-owned subsidiary of Petrobras, to the acquiring group composed of ItaĂşsa S.A., […]
Tag: Liquigas Distribuidora SA
Petrobras Inks Deal To Divest Of Liquigás
(Petrobras, 19.Nov.2019) — 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 […]
Petrobras Receives Binding Offers For Liquigás
(Petrobras, 23.Aug.2019) — Petrobras, in relation to the news reported in the media, clarifies that as part of the competitive process of divestment of its entire stake in Liquigás Distribuidora S.A. the consortium formed by ItaĂşsa, Copagaz and Nacional GásButano presented the best binding offer for the acquisition of this […]
Petrobras Expects Final Offers For Liquigás By Aug. 7
(Reuters, Gabriel Araujo, 25.Jul.2019) — Brazil’s state-run oil company PetrĂłleo Brasileiro SA expects to privatize natural gas distribution unit Liquigás next month as part of a broader divestment program, Chief Executive Roberto Castello Branco said on Thursday. Final binding offers for Liquigás are due by Aug. 7, Castello Branco told […]
Petrobras CEO Says Liquigás To Be Privatized in August
(Reuters, 25.Jul.2019) — Roberto Castello Branco, chief executive of state oil company PetrĂłleo Brasileiro SA, said during an event on Thursday that Liquigás is the next unit that the Brazilian oil major intends to divest. After selling 33.75% of fuel distribution subsidiary Petrobras Distribuidora SA through a share offering this […]
Petrobras Clarifies On Liquigás Divestment
(Petrobras, 5.Jul.2019) — Petrobras, in relation to the news published in the media, regarding the sale of Liquigás Distribuidora SA, clarifies that this divestment project is in the binding phase, as disclosed to the market in June 20, 2019. In the previous phase of the project, Petrobras received non-binding offers, […]
Petrobras Starts Liquigás Binding Divestment Phase
(Petrobras, 20.Jun.2019) — Petrobras, following up on the release dated 05/10/2019, announces the beginning of the binding phase related to the sale of Liquigás Distribuidora S.A. At this stage of the project, process letters are issued to qualified interested parties with detailed instructions about the divestment process, including guidelines to […]
Petrobras Sets June Deadline For Liquigas Non-Binding Offers: Source
(Reuters, Carolina Mandl, 27.May.2019) — Brazilian state-controlled oil company Petroleo Brasileiro SA has set a June 7 deadline to receive non-binding proposals for its liquefied petroleum gas (LPG) distribution unit Liquigas, one source with knowledge of the matter said. Petrobras, as the oil company is known, has been selling assets […]