Petrobras tem processo de venda da Liquigás declarado novamente como complexo pelo CADE

Petrobras Has Liquigás Sale Process Again Declared Complex by CADE

Written by Flavia Marinho

Published on 26/06/2020 at 16:53

Petrobras tem processo de venda da Liquigás declarado novamente como complexo pelo CADE

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Petrobras Announced Last November the Sale of Liquigás to the Group Formed by Copagaz, Itaúsa, and Nacional Gás Butano

Petrobras – The technical area of the Administrative Council for Economic Defense (Cade) declared, and the acting general superintendent of the agency, Patricia Alessandra Sakowski, accepted the acquisition of Liquigás by Copagaz, Itaúsa, Fogás, and Nacional Gás Butano as “complex.” Saccording to Petrobras, the price of Natural Gas is expected to fall in August.

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The decision was made this Thursday (06/25) and the process will now undergo an analysis of an additional 90 days, during which it will be evaluated whether the proposal for the distribution of assets among the parties is appropriate to address concerns related to the potential exercise of unilateral power and also whether it is capable of minimizing risks of coordinated power exercise in the LPG distribution market.

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Petrobras Has Liquigás Sale Process Again Declared Complex by CADE

Petrobras Announced Last November the Sale of Liquigás to the Group Formed by Copagaz, Itaúsa, and Nacional Gás Butano

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Petrobras Has Liquigás Sale Process Again Declared Complex by CADE

Petrobras Announced Last November the Sale of Liquigás to the Group Formed by Copagaz, Itaúsa, and Nacional Gás Butano

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