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Add as a preferred source on GooglePetrobras Agrees to Buy Remaining 70% of Logum Logística S.A. for R$620 Million
Petrobras already holds 30% of the Brazilian biofuels logistics company; the agreement would give it full ownership.
Petrobras agreed Thursday, Nov. 12, to acquire the remaining 70% of Logum Logística S.A. for R$620 million, a deal that would give the Brazilian oil company full ownership of the biofuels logistics business.
Petrobras currently owns 30% of Logum. The planned purchase would add the other 70% to its stake.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.