Ultra Group Maintains Interest in Petrobras Refineries Despite Adversities

Written by Roberta Souza

Published on 28/02/2021 at 11:12

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According to the CEO of Ultra Group, the negotiations about the refineries so far have had no change with the change in command of Petrobras

According to Frederico Curado, president of Ultra Group, a Brazilian company that operates in the fuel distribution sectors, he stated that they are still in negotiations with Petrobras for the sale of the refineries. With the general in command, there were possibilities of changes in part of the state company’s divestment plan, where the refineries could undergo some kind of alteration that was not foreseen.

Divestments Petrobras and Ultra Group

With the new leadership in command of the state company, analysts said that the sales could undergo some kind of alterations. However, the new CEO of the company has publicly declared that, since the decision on this issue is collegial, he will not see the possibility of fuel prices being altered. However, in addition to shareholders and profits, it is necessary to assess the impact of the company on the entire population.

Ultra Group, a Brazilian company that operates in the fuel distribution sectors, is in negotiations to acquire the Alberto Pasqualini refinery (Refap/RS), and the transaction price may increase from 1.2 billion dollars to 1.4 billion dollars.

Ultra Group Maintains Interest in Petrobras Refineries Despite Adversities

According to the CEO of Ultra Group, the negotiations about the refineries so far have had no change with the change in command of Petrobras

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Ultra Group Maintains Interest in Petrobras Refineries Despite Adversities

According to the CEO of Ultra Group, the negotiations about the refineries so far have had no change with the change in command of Petrobras

See Also Other News Of The Day:

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There is a city in China right next to Hong Kong where people speak Portuguese, the streets have names in Portuguese, and the architecture looks like it came straight out of a historic city in Brazil.

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