June 27, 2018 / 12:15 PM / 5 months ago

Brazil's Petrobras sells Paraguay fuel distribution assets

SAO PAULO, June 27 (Reuters) - Brazil’s state-run oil company Petroleo Brasileiro SA has signed an agreement to sell fuel distribution assets in Paraguay, according to a securities filing on Wednesday.

The company expects to receive $383.5 million in cash from the deal with Grupo Copetrol, a Paraguayan gas station operator, the filing said. (Reporting by Ana Mano; Editing by Christian Plumb)

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