Three vie for TAG after Patria, Blackstone cull interest

Three vie for TAG after Patria, Blackstone cull interest

M&A Energy Brazil

Up to three consortium remain in the hunt for Petrobras' TAG pipeline business, after a group comprising Patria Investimentos and Blackstone rescinded interest in the Brazilian assets. French energy company Engie and Australian investor Macquarie are each leading a team, while Emirati wealth fund Mubadala has teamed up with EIG Global Energy Partners to bid for the gas pipeline business, two sources said. Santander is financial advisor to state-run Petrobras, LatinFinance reported in December. T

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