With similar offers, three groups dispute Petrobras' refinery
Chinese Sinopec, Ultrapar and a consortium led by Raízen will compete to buy Refinaria Presidente Getúlio Vargas (Repar) from Petrobras. Because the three proposals were too similar, the oil company started a new round of negotiations with potential buyers. The dispute for Repar occurs amid the judgment of the Supreme Federal Court (STF) on the interruption of sales of state-owned refineries. The sale of refineries is one of...
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