Radar > 241285

Petrobras sends prospectus to sell BR Distribuidora

Petrobras envia prospecto aos interessados em comprar a BR Distribuidora

Intel ID : 241285
Synopsis

Petrobras (BVMF: ptr3; BME: XPBR; NYSE: PBRA), Brazil's state oil company, sent prospectus to sell BR Distribuidora, reported the company itself in Fato Relevante on October 3, 2016.

According to it, the companies that received the prospectus were selected based on objective criteria, with the assistance of the financial institution hired to run the process.

The sale will be held in corporate structure, designed to ensure Petrobras the majority of BR Distribuidora and keep its 49% of voting shares.

Petrobras had previously announced its intention to sell BR Distribuidora (see related Intels).
(content in portuguese)

A Petrobras (BVMF:PTR3; BME:XPBR; NYSE:PBRA), petrolífera estatal brasileira, enviou um prospecto aos interessados em comprar a BR Distribuidora, segundo publicou a própria empresa em Fato Relevante do dia 03 de outubro de 2016.

Segundo a companhia, a seleção de empresas que receberam o prospecto foi realizada com base em critérios objetivos, em conjunto com a instituição financeira contratada para assessorar o processo de venda.

A venda vai ser realizada em uma estrutura societária que visa a assegurar à Petrobras a maioria do capital total da BR Distribuidora, mantendo 49% do capital votante.

A Petrobras já havia anunciado anteriormente sua intenção de venda (ver Intels relacionados).

Relevant Documents

Seller


Intel ID 241285
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - BR Distribuidora S.A.
(31 Dec 2023)
Revenue: EUR 30.376,76m
EBITDA: EUR 1.509,45m
Net Debt: EUR 1.510,76m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Distribution and Retail (Primary)
Energy and Renewable Energies / Oil and Gas
Primary Sector (TTRSC)
20.02.07 Oil & Gas Storage, Distribution & Retail (Downstream)
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

Country
Website
Description

Seller

Name
verified
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

Radar

Date Title Type Intel Grade Country Subsector  

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.