May 21, 2020 / 12:03 PM / 8 days ago

Brazil's Petrobras progressing with Colombian assets sale - filing

SAO PAULO, May 21 (Reuters) - Brazil’s Petroleo Brasileiro SA (Petrobras) expects to start the binding phase for the sale of shares in Petrobras Colombia Combustibles in coming weeks, according to a securities filing on Thursday.

Petrobras Colombia Combustibles is a fuel distributor with 124 points of sale. The shares put up for sale are currently held by Petrobras International Braspetro BV.

Reporting by Carolina Mandl; Editing by Edmund Blair

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