Brazil's Petrobras finalizes sale of Nansei Sekiyu for $165 mln
29/12/2016 10:06
SAO PAULO, Dec 29 (Reuters) - Brazil's state-run oil company
Petroleo Brasileiro SA PETR4.SA closed the sale of a 100
percent stake in Nansei Sekiyu to Taiyo Oil Company 4626.T ,
according to a securities filing on Thursday.
Petrobras said Taiyo agreed to pay $165 million in relation
to the transaction. Japan-based Nansei Sekiyu is a refinery in
Okinawa with capacity to process 100,000 barrels of oil per day,
according to the filing.
(Reporting by Ana Mano. Editing by Jane Merriman)
((ana.mano@thomsonreuters.com; Tel: +55-11-5644-7704; Mob:
+55-119-4470-4529; Reuters Messaging:
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Keywords: PETROBRAS M&A/TAIYO HOLDINGS