Petrobras starts service station sale in Uruguay

Petrobras starts service station sale in Uruguay

M&A Economy & Policy Energy

Brazil's Petrobras said it has has hired Itaú BBA to advise on the sale of Petrobras Uruguay Distribuición, or PUDSA, the state-owned oil company’s chain of gas stations in Uruguay."The potential transaction offers interested bidders a unique opportunity to obtain access or strengthen their presence in a promising market in Latin America through an international benchmark platform," Petrobras said in the teaser document it sent to possible buyers.Eligible bidders must operate at least 15 service

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