Radar > 228998

J&F Investimentos could be negotiating Citgo acquisition

J&F Investimentos estaría negociando la compra de Citgo

J&F Investimentos estaria negociando a compra da Citgo

Intel ID : 228998
Synopsis

Brazil-based J&F Investimentos, a group held by the Wesley brothers and Joesley Batista could be negotiating the acquisition of Citgo, a US-based oil exploration company, as published by newspaper Veja on 6 September 2015, without citing sources.

Citgo, a subsidiary of Venezuela-based oil company PDVSA, owns refineries and approximately 6,000 gas stations.
(content in spanish)

La brasileña J&F Investimentos, el holding de los hermanos Wesley y Joesley Batista con sede en São Paulo, está negociando la compra de la empresa estadounidense Citgo, empresa dedicada a la explotación de petróleo, según ha publicado el diario Ver el 6 de septiembre de 2015, sin citar las fuentes.

Citgo, es una filial de la petrolera venezolana PDVSA que posee refinerías y alrededor de 6.000 estaciones de servicio.
(content in portuguese)

A brasileira J&F Investimentos, holding dos irmãos Wesley e Joesley Batista que tem sede em São Paulo, está negociando a compra da empresa norte-americana Citgo, empresa que se dedica à exploração de petróleo, segundo publicou a Veja em 6 de setembro de 2015, sem citar fontes.

A Citgo, que é subsidiária da empresa petrolífera venezuelana PDVSA ,é dona de refinarias e de cerca de 6 000 postos de gasolina.

Target

United States

Seller

PDVSA
Venezuela

Intel ID 228998
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Energy and Renewable Energies / Electric
Primary Sector (TTRSC)
20.01.01 Energy Traders & Brokers
20 Energy & Utilities / 20.01 Energy Services

Secondary Sectors (TTRSC)
10.01.03 Distributors & Wholesalers (B2B)
10 Business Services / 10.01 Business & Professional Support Services

10.01.99 Other Business & Professional Support Services
10 Business Services / 10.01 Business & Professional Support Services

15.05.08 Food & Beverage Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Primary Sector (TTRSC)
20.02.05 Oil & Gas Exploration & Production (Upstream)
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Primary Sector (TTRSC)
20.02.02 Multiline Oil & Gas
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.