Petrobras meets asset sales goal for year after Gaspetro divestment
SAO PAULO Dec 28 (Reuters) - Brazil's state-controlled Petróleo Brasileiro SA met a $700 million goal for asset sales this year following the divestment of a minority stake in a gas distribution unit to Mitsui & Co Ltd.
In a securities filing, the company known as Petrobras said that Mitsui paid on Monday 1.93 billion reais ($500 million) for the 49 percent of the Gaspetro unit. The transaction was approved with no restriction by antitrust watchdog Cade, the filing said. (Reporting by Guillermo Parra-Bernal; Editing by Meredith Mazzilli)
© Thomson Reuters 2016 All rights reserved.