CADE Approved the Sale of the Landulpho Alves Refinery to Mubadala

Source: www.gulfoilandgas.com 6/9/2021, Location: South America

Petrobras, continuing the relevant fact of March 24, 2021, informs that the General Superintendence of the Administrative Council for Economic Defense (CADE) approved the sale transaction of the Landulpho Alves Refinery (RLAM) to Mubadala Capital.

The transaction is still subject to the 15-day period imposed by Law 12,529/11 and the fulfillment of other conditions precedent provided for in the share purchase and sale agreement.

Petrobras reinforces its commitment to the broad transparency of its divestment projects and the management of its portfolio and informs that the subsequent steps will be disclosed to the market in accordance with the company's System for Divestments and Decree 9188/2017.


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