Brazil Regulator Approves BSBios Stake Sale by Petrobras Unit

Brazil antitrust regulator Cade’s superintendence approved the deal without restrictions, according to official gazette and Cade’s website.

• NOTE from Dec. 23:Petrobras Signs Sale Of BSBios’s Stake For BRL322m
• NOTE: Decisions made by Cade’s superintendence can be reassessed on court’s floor if board members consider that a deeper analysis of the impacts of an operation is needed

Original Story:
Cade aprova venda de 50% da BSBios por subsidiária da Petrobras

To contact the translator on this story:
Danielle Chaves in Sao Paulo at djelmayer@bloomberg.net

Reporter on the original story:
Danielle Chaves in Sao Paulo at djelmayer@bloomberg.net

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