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Name | Symbol | Market | Type |
---|---|---|---|
Petroleo Brasileiro S.A. Petrobras | BOV:PETR4 | Bovespa | Preference Share |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.713685 | -1.77% | 39.72 | 40.69 | 39.45 | 40.69 | 45,114,200 | 01:32:01 |
By Olivia Bugault
Engie SA Tuesday said, together with institutional investor Caisse de Depot et Placement du Quebec, it has acquired the remaining 10% stake in Transportadora Associada de Gas SA from Petroleo Brasileiro SA, also known as Petrobras.
With this transaction--whose closing value is of roughly 160 million euros ($183 million)--the French utility now owns a 65% stake in the Brazilian natural gas transporter, including 32.5% held by Engie Brasil Energia. CDPQ holds the remaining 35%, it said.
"Engie expects a net debt impact of approximately EUR105 million related to this transaction," the company said.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
July 21, 2020 05:46 ET (09:46 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year PETROBRAS PN Chart |
1 Month PETROBRAS PN Chart |
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