Sao Paulo — Brazil’s Petroleo Brasileiro SA (Petrobras) expects to start the binding phase for the sale of shares in Petrobras Colombia Combustibles in coming weeks, according to a securities filing on Thursday.
Petrobras Colombia Combustibles is a fuel distributor with 124 points of sale. The shares put up for sale are currently held by Petrobras International Braspetro BV.
– Reuters