(Petrobras, 18.Dec.2020) — Petrobras, following up on the press release disclosed on 27 April 2020, informs that its wholly-owned subsidiary Petrobras Biocombustível S.A. (PBio), as part of the competitive process, has concluded the negotiation phase with the company RP Participações em Biocombustíveis S.A. for the sale of all its shares […]
Tag: Petrobras Biocombustível S.A. (PBIO)
Petrobras Starts PBIO Non-Binding Phase
(Petrobras, 3.Aug.2020) — Petrobras, following up on the press release disclosed on 3 July 2020, informs the beginning of the non-binding phase regarding the sale of its wholly-owned subsidiary Petrobras Biocombustível S.A. (PBIO). Qualified parties for this phase will receive a process letter with detailed information about the aforementioned company, […]
Petrobras’ Teaser For Sale Of Petrobras Biocombustível
(Petrobras, 3.Jul.2020) — Petrobras started the opportunity disclosure stage (teaser), regarding the sale of its wholly-owned subsidiary Petrobras Biocombustível S.A. (PBIO). This transaction consists of the sale of 100% of Petrobras’ shares in PBIO, including three biodiesel plants, and does not include the sale of PBIO’s stakes in BSBios (50.0%) […]
Petrobras Starts Non-binding Phase Of BSBios Sale
(Petrobras, 23.Jan.2020) — Petrobras, following up on the release disclosed on 20 December 2019, informs the beginning of the non-binding phase related to the sale of all shares of BSBios Indústria e Comércio de Biodiesel Sul Brasil S/A (BSBios) by its wholly-owned subsidiary Petrobras Biocombustíveis S.A. (PBio). Potential buyers qualified […]
Petrobras Reveals Teaser For PBio’s Sale Of BSBios
(Petrobras, 20.Dec.2019) — Petrobras reports that its wholly owned subsidiary Petrobras Biocombustíveis S.A. (PBio) has started the opportunity disclosure phase (teaser) related to the joint sale of all its shares in BSBios Indústria e Comércio de Biodiesel Sul Brasil S/A (BSBios). PBio holds a 50% stake in BSBios and will […]
Petrobras On Biofuels Segment Exit Strategy
(Petrobras, 20.Dec.2019) — Petrobras reports on divestments in the biofuels segment. The company guideline to exit this segment, announced in 2016, accelerated in 2019 and four important transactions were carried out this year: 1. Sale of stake in Belem Bioenergia Brazil (BBB) – Petrobras Biocombustível S.A. (PBio), a Petrobras subsidiary, […]
Nova Fronteira Merges into São Martinho S.A.
(Petrobras, 23.Feb.2017) – Petrobras announced that, further to the statement on 12/15/2016, its wholly owned subsidiary Petrobras Biocombustível S.A. (PBIO) finalized the merger of Nova Fronteira into São Martinho S.A. The transaction was concluded on PBIO’s receipt of 24 million new ordinary shares issued by São Martinho, representing 6.593% of […]