Petrobras on Sale of Interest in Deten Química S.A.

Source: www.gulfoilandgas.com 6/28/2021, Location: South America

Petrobras, following up on the release disclosed on June 2, 2021, related to the sale of its 27.88% interest in Deten Química S.A. (Deten), informs that it postponed to July 8, 2021 the deadline to execute the Confidentiality Agreement and the Compliance Certificate and grant access to the Confidential Information Memorandum to the potential buyers.

This disclosure is in accordance with Petrobras' internal rules and with the special regime for divestment of assets by federal mixed economy companies, provided for in Decree 9,188/2017.

This transaction is in line with the company's strategy of portfolio optimization and capital allocation improvement, aiming at value maximization.


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