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Petrobras names top bidder for LPG distribution unit

Aug 27, 2019 - SNL Energy Finance Daily

Brazilian state owned oil company Petróleo Brasileiro SA said a consortium comprised of Itaúsa - Investimentos Itaú SA, Copagaz Distribuidora de Gás SA and Nacional Gás Butano Distribuidoda Ltda. presented the best binding offer for its liquefied petroleum gas distribution unit Liquigás Distribuidora SA, according to an Aug. 23 securities filing.

Petrobras reportedly received three binding offers for the unit and shifted the deadline for proposal submissions after interested parties ...