December 24, 2019
Brazil's Petrobras said it has started the sale process of its 50% stake in the biofuels business BSBios Indústria e Comércio de Biodiesel Sul Brasil.
The state-owned oil company's biofuels subsidiary, Petrobras Biocombustíveis (PBio), plans to sell its half of BSBios, while its partner in the company, RP Biocombustíveis, also intends to sell its 50% stake, Petrobras said in a statement. RP Bio belongs to the local agro-energy company ECB Group.
According to the teaser sent by Petrobras, eligibl
Brazil's state-owned oil company sends out teasers for the 50% share in BSBios held by its subsidiary PBio