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PETR3 Petroleo Brasileiro S.A. Petrobras

41.02
-0.13 (-0.32%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Petroleo Brasileiro S.A. Petrobras BOV:PETR3 Bovespa Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.13 -0.32% 41.02 40.80 41.52 41.97 40.85 41.30 10,453,300 23:45:00

Brazil Solicitor General Overturns Injunction Related to Petrobras Asset Sale -- Reuters

17/01/2019 1:17am

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-- Brazil's solicitor general has overturned one injunction that blocked Petroleo Brasileiro SA (PBR), or Petrobras, from selling a 90% stake in pipeline business Transportadora Associada de Gas SA, or TAG.

-- Reuters reported that Petrobras didn't immediately respond to a request for comment on whether it is now able to complete the sale.

-- The report said Engie SA (ENGI.FR) had submitted a bid worth more than $7 billion and was in exclusive talks with Petrobras when Brazil's Supreme Court blocked Petrobras asset sales in July.

 

www.reuters.com/article/us-petrobras-divestiture-tag/brazils-solicitor-general-overturns-a-legal-bar-to-petrobras-unit-sale-idUSKCN1PA2TU

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

January 16, 2019 20:02 ET (01:02 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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