close
close

Petrobras says the antitrust authority has agreed to exempt the company from selling assets

Posted on by darion






Petrobras says the antitrust authority has agreed to exempt the company from selling assets

















XM does not provide services to residents of the United States of America.

XM does not provide services to residents of the United States of America.

Reuters

Petrobras says the antitrust authority has agreed to exempt the company from selling assets

Petrobras says the antitrust authority has agreed to exempt the company from selling assets

SAO PAULO, May 22 (Reuters) –Brazilian state oil company Petrobras PETR4.SA said on Wednesday that national antitrust authority Cade has approved new terms of the deal that will exempt the company from selling part of its oil refining and natural gas assets.

In a securities filing, Petrobras said the new terms of the deal, which was originally signed in 2019, had been approved by the regulator’s board.

Report by Peter Frontini

Reservation: The XM Group entities provide services solely to execute and provide access to our online trading facility, enabling a person to view and/or use the content available on or through the website, it is not intended to change or extend this, and it does not change or expand this . Such access and use is subject at all times to: (i) the Terms; (ii) Risk Warnings; and (iii) Full Disclaimer. Therefore, this content is intended as general information only. In particular, please note that the content of our online trading facility constitutes neither an invitation nor an offer to enter into any transactions on the financial markets. Trading any financial market carries a significant level of risk to your capital.

Any material published on our online trading website is intended for educational/informational purposes only and does not contain – and should not be deemed to contain – financial, tax or trading advice or recommendations; or a record of our trading prices; or an offer or invitation to transact any financial instrument; or unwanted financial promotions for you.

All third-party content, as well as content produced by XM such as opinions, news, research, analysis, prices and other information or links to third-party sites contained on this site is provided on an “as is” and general basis market commentary and does not constitute investment advice. To the extent that any content is construed as investment research, you should remember and accept that the content was not intended to be, and has not been prepared in accordance with, legal requirements designed to promote the independence of investment research and, as such, will be deemed to be a marketing communication under with relevant laws and regulations. Please make sure you read and understand our Independent Investment Notice. Research and risk warning for the above information which can be accessed here.