Petrobras hires Santander to revive sale of LPG unit.

BANKING AND CREDIT NEWS-February 20, 2019--Petrobras hires Santander to revive sale of LPG unit

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Global Banking News - 20 February 2019

Brazil-based oil company Petroleo Brasileiro SA has hired Banco Santander Brasil SA (SAN.MC) to revive efforts to sell its LPG unit, according to Reuters.

In 2016, the state-owned firm had agreed to sell Liquigas Distribuidora SA to local rival Ultrapar ParticipacOes SA. The firm is selling assets...

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