PETROBRAS SELLS ASSETS
REUTERS - Petroleo Brasileiro SA said on Wednesday it will sell $2.2 billion worth of assets to France's Total SA, including stakes in oilfields and two thermal power stations.
Petrobras, as the state-run company is known, will receive $1.6 billion in cash in 60 days, when the agreement closes, Chief Financial Officer Ivan Monteiro said in a press briefing. The rest will be received over time.
With the agreement, the total divestment for…
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