Meet The Petrobras Companies Cleared For Sale By The Supreme Federal Court.

Written by Paulo Nogueira

Published on 10/06/2019 at 01:00

Updated on 08/06/2019 at 15:15

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The STF Plenary Decided This Friday, June 7, to Waive Legislative Approval and Bidding for the Sale of Subsidiary Companies and Mixed Economies.

The decision applies to companies belonging to energy holdings such as Petrobras and Eletrobras. However, it does not apply to the holdings themselves, which – according to the decision – need authorization from the National Congress to be sold. The main affected party in the STF’s decision is Petrobras. The company has sold and intends to sell some of its most important subsidiaries. A contrary decision from the STF could delay or even prevent – depending on the decision of deputies and senators – the sale of some companies.

Ibovespa Operates Up After STF Decision on State-Owned Enterprise Sales

The main indicator of the São Paulo stock exchange, B3, closed up this Friday, 7, after rising more than 1% the day before, favored by positive sentiment abroad and favorable repercussions of the STF decision that waives prior approval from the National Congress for the sale of controlling shares in subsidiaries of state-owned companies.

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Check Below the Companies That Petrobras May Sell

Petrobras Distribuidora
Petrobras Biocombustível
Liquigás
Breitener Energética, UTEs
Logum Logística SA
Petrobras Logística de Gás S.A. and TBG

See the Complete List of Petrobras’s Shareholdings

by epbr

Meet The Petrobras Companies Cleared For Sale By The Supreme Federal Court.

The STF Plenary Decided This Friday, June 7, to Waive Legislative Approval and Bidding for the Sale of Subsidiary Companies and Mixed Economies.

Ibovespa Operates Up After STF Decision on State-Owned Enterprise Sales

Check Below the Companies That Petrobras May Sell

See the Complete List of Petrobras’s Shareholdings

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Meet The Petrobras Companies Cleared For Sale By The Supreme Federal Court.

The STF Plenary Decided This Friday, June 7, to Waive Legislative Approval and Bidding for the Sale of Subsidiary Companies and Mixed Economies.

Ibovespa Operates Up After STF Decision on State-Owned Enterprise Sales

Check Below the Companies That Petrobras May Sell

See the Complete List of Petrobras’s Shareholdings

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

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The fifth Japanese brand tried to compete with Honda by offering more advanced motorcycles, including shaft drive and even V-twin engines. It shone on the tracks but failed in the mass market and was ultimately swallowed by its own rival.

It costs less than a Honda CG 160: The new motorcycle from Shineray has a 169.30 cc engine, 13.59 hp, 18-inch wheels, and costs R$ 13,490, excluding shipping; learn everything about the SHI 170.

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