Petrobras launches MEGA asset sales phase

Petrobras initiated the non-binding phase for the sale of its participation (34%) In Argentina Compañia MEGA S. A ("MEGA"), through its wholly-owned subsidiary Petrobras International Braspetro B.V. ("GDP BV"). The information was issued by the state Government in an official statement on Thursday (11).

"Those qualified for this phase will receive instructions on the disinvestment process, including guidelines for drafting and submitting non-binding proposals," the company said in the note.

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