Petrobras says antitrust watchdog agreed to free company from asset sales-March 2024-www.financetom.com

Petrobras says antitrust watchdog agreed to free company from asset sales

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Petrobras says antitrust watchdog agreed to free company from asset sales

May 22, 2024 9:54 AM

SAO PAULO, May 22 (Reuters) - Brazilian state-run oil

firm Petrobras said on Wednesday that the country's

antitrust regulator Cade approved the new terms of an agreement

that will free up the company from selling some of its oil

refining and natural gas assets.

In a securities filing, Petrobras said the new terms of the

agreement, which was originally signed in 2019, had been

approved by the regulator's board.

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