Petrobras revives Liquigás sale

Petrobras revives Liquigás sale

M&A Debt Corporate & Sovereign Strategy Economy & Policy Energy Gas Regulation Politics Brazil

Brazil's Petrobras has sent teasers to potential buyers of its liquefied petroleum gas (LPG) unit Liquigás, just over a year after an initial deal fell through. The bidding is open to other LPG companies with more than $100m in revenues in 2018 and financial investors with at least $1bn in assets under management, Petrobras said in the teaser.  Strategic companies that have more than a 10% market share of Brazil's LPG distribution market can only participate as part of a team and cannot acquir

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial