Divestment Plan

Suspension of competitive processes that result in transfer of control

Petrobras Agency
04/07/2018 17:30
Suspension of competitive processes that result in transfer of control Imagem: Divulgation Visualizações: 1065 (0) (0) (0) (0)

Petrobras, in complement to the Material Fact disclosed about Partnerships in Refining, informs that, considering the temporary injunction issued by the Minister Ricardo Lewandowski, of the Federal Supreme Court, under the ADI 5624 MC/DF, which questions provisions of the State-Owned Companies Law (Law 13.303/2016), the following divestments are also suspended:

 

- Araucária Nitrogenados S.A., whose Teaser was released on 09/11/2017;

 

- Transportadora Associada de Gás (TAG), sale of 90% of the shares of this subsidiary, whose Teaser was released on 09/05/2017. This process was already suspended due to the decision of the 4th Panel of the Federal Regional Court of the 5th Region, as disclosed on June 5, 2018.

 

Petrobras is evaluating appropriate measures in favor of its interests and its investors. Furthermore, reinforces the importance of the Partnerships and Divestments Program to reduce its level of indebtedness and generate value through portfolio management, in line with its Strategic Plan and 2018-2022 Business and Management Plan.

 

 

 

Most Read Today
see see
Ethanol
Ethanol Prices Rise in the Last Week of June
30/06/25
People
Fulkrum appoints Louisa Poole as Chief Financial Officer
26/06/25
International Company News
Johan Castberg producing at full capacity
25/06/25
Decarbonization
EPE to Launch Analysis on Decarbonization of Brazilian E...
13/06/25
FIRJAN
At the Launch of the Rio Oil Yearbook, Business Leaders ...
13/06/25
Permanent Offer
ANP to Hold 5th Cycle of the Permanent Concession Offer ...
13/06/25
Award
Unique Group Celebrates Prestigious Wins at 2025 cHeRrie...
13/06/25
Business
ANP to Hold Public Consultation and Hearing on Update of...
12/06/25
RenovaBio
ANP Approves New Regulation for Biofuels Certification
12/06/25
E&P
ANP Approves Resolution Establishing Requirements for Fu...
12/06/25
Bahiagás
Luiz Gavazza Highlights Bahiagás’ Expansion and Bahia’s ...
12/06/25
Event
SP Offshore 2025: Second Edition Boosts a New Phase for ...
12/06/25
Bahia Oil & Gas Energy 2025
Innovation in Its DNA: How Comquality Is Revolutionizing...
04/06/25
Bahia Oil & Gas Energy 2025
Oil States Showcases Commitment to Innovation and Energy...
04/06/25
Permanent Offer
Permanent Offer Auction Notice and Environmental Licensi...
04/06/25
Environment
Supergasbras Expands Actions to Reduce CO₂ Emissions in ...
04/06/25
Sergipe Oil & Gas 2025
Sergipe Oil & Gas 2025 Launched with Focus on Innovation...
04/06/25
Marginal Fields
Fiscal Measures with Disproportionate Impact on Independ...
04/06/25
Investments
Transpetro launches tender to enter barge operation segment
30/05/25
Bahia Oil & Gas Energy 2025
Bahia Oil & Gas Energy surpasses 13,000 registrants and ...
30/05/25
Bahia Oil & Gas Energy 2025
Marquise Ambiental presents industrial waste solutions a...
30/05/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.