30 de mayo de 2017 / 22:13 / en 6 meses

Brazil's Petrobras says court upholds sale of liquefied petroleum gas unit

SAO PAULO, May 30 (Reuters) - Brazil´s Petroleo Brasileiro SA said an appeals court upheld on Tuesday the sale of its liquefied petroleum gas unit, approved by its shareholders in January.

Petrobras, as the company is known, said in a securities filing that the ruling confirms a previous decision by a lower court. Petrobras’ board in November approved the sale of Liquigás Distribuidora SA to a subsidiary of Ultrapar Participações SA for 2.8 billion reais ($860 million). ($1 = 3.2570 reais) (Reporting by Tatiana Bautzer; Editing by Dan Grebler)

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