Home Business Petrobras agrees to sell pipeline unit to Engie for $8.6 billion

Petrobras agrees to sell pipeline unit to Engie for $8.6 billion

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A consortium led by France’s Engie SA submitted the highest offer for a major gas pipeline unit owned by Brazil’s Petroleo Brasileiro SA, the state-run oil firm said on Friday, as the company’s biggest divestment draws to a close.

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