Petrobras finished sale shares in Deten

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Oil state company Brazil Petroleo Brasileiro (Petrobras) finished sale the share in 27,88% in the petrochemical Deten Quimica S.A (Deten) which assets are located in an industrial complex Camaçari (Baiya's State of Bahia). As reports Petrobras, the buyer company as Cepsa Quimica S.A acted. which already possesses 69,94% of the stocks Deten. The amount of transaction made 514 million reals (about $95,4 million). Sale an asset is directed on optimization of a portfolio and improvement of distribution of the capital of companies. Deten lets out the main raw materials for household and commercial chemicals to Brazil, being the only thing...
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CEPSA
Main activity:Production of coke, oil products and nuclear materials
Petrobras
Main activity:Production of coke, oil products and nuclear materials