A Brazilian Supreme Court minister has issued a ruling that calls for the suspen...
FILE PHOTO: Brazil's state-run Petrobras oil company headquarters is pictured in Rio de Janeiro, Brazil December 5, 2018. REUTERS/Sergio Moraes/File Photo
The ruling, issued on Friday by Edson Fachin, a minister for Brazil’s STF Supreme Court, calls for the suspension of the sale of Petrobras’ TAG pipeline unit and eight of the companies’ refineries, as well as the sale of its Araucaria Nitrogenos fertilizer unit. The TAG pipeline unit sold for $8.6 billion and the firm has said the refineries could fetch some $15 billion, making these asset sales key for the firm’s deleveraging plans.
The ruling argued that the previous STJ decision contradicted a previous ruling by Ricardo Lewandowski, another minister on the STF.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Soccer: Marta injury worries Brazil ahead of Jamaica openerBrazil striker Marta is a doubt for their women's World Cup opener against ...
Consulte Mais informação »
Vale's Gongo Soco mine dam has up to 15% chance of bursting: Brazil officialBrazilian miner Vale's tailings dam in the town of Barao de Cocais in Minas...
Consulte Mais informação »
Boeing drops Embraer name from Brazil commercial jet divisionBoeing Co on Thursday said that after taking over Brazilian planemaker Embraer S...
Consulte Mais informação »
Can Backseat Snacks Help Uber Take Brazil?A center console-strapped box of for-purchase sundries that makes Uber vehicles into rolling convenience stores will now be available in Brazil, a critical market to win the Latin American ride-hail race.
Consulte Mais informação »
Irate Brazil lawmakers threaten Bolsonaro's cabinet, agendaBrazilian President Jair Bolsonaro faces a crucial test on Wednesday of his abil...
Consulte Mais informação »
Brazil wireless carrier TIM uses equipment from China's Huawei for 5G testsBrazilian wireless carrier Tim Participacoes SA said on Wednesday it is using eq...
Consulte Mais informação »
Brazil eyes another round of budget freezes, weighing on economyBrazil's government is expected to announce another round of budget freezes...
Consulte Mais informação »
Brazil lower house votes to allow foreign airlines in domestic marketBrazil's lower house of Congress voted on Tuesday to allow foreign-controll...
Consulte Mais informação »
For some in Brazil, commemorating slavery is vitalA plan to construct a museum has won international support, but attracted neither funding nor powerful domestic politicians to tout it
Consulte Mais informação »
Brazil farmer defaults burn soy traders betting on barterA spate of farmer defaults in Brazil's top grain-producing state is creatin...
Consulte Mais informação »