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Brazil's Petrobras begins non-binding phase for sale of TSB, TBG pipeline units

· 02/05/2021 17:20
Brazil's Petrobras begins non-binding phase for sale of TSB, TBG pipeline units

- Brazilian state oil company Petroleo Brasileiro SA PETR4.SA has begun the non-binding phase of the sale of its stake in its TSB and TBG pipeline units, the latter of which connects Brazil to Bolivia, it said in a Friday securities filing.

During the non-binding phase, interested parties will receive additional information on the assets and will make non-binding offers for the pipeline units.



(Reporting by Gram Slattery; Editing by Leslie Adler)

((gram.slattery@thomsonreuters.com; +55-11-95057-1453))