Galp tem aval para compra de fatia da Petrobras Biocombustível

Galp Has Approval to Acquire Stake in Petrobras Biocombustível

Written by Paulo Nogueira

Published on 02/09/2019 at 16:28

Updated on 02/09/2019 at 17:24

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GALP Will Buy 50% of Petrobras in Belem Bioenergia Brasil and Become the Sole Shareholder of the Company, According to Cade’s Opinion.

On this day, September 2nd, the Portuguese energy group Galp was authorized by Brazil’s competition protection agency, Cade, to acquire a stake in Petrobras in Belem Bioenergia Brasil, a biofuel company in which it already had a stake. Amid the divestments made by the oil company to focus on the pre-salt, there is no intention from the president to privatize the company.

The transaction was approved without restrictions by the Administrative Council for Economic Defense (Cade), according to a publication in the Official Gazette of the Union.

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Galp Has Approval to Acquire Stake in Petrobras Biocombustível

GALP Will Buy 50% of Petrobras in Belem Bioenergia Brasil and Become the Sole Shareholder of the Company, According to Cade’s Opinion.

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