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Buyout of Petrobras' gas subsidiary Liquigas by gas distributors under in-depth review in Brazil

By Caio Rinaldi ( June 26, 2020, 17:45 GMT | Insight) -- The acquisition of Petrobras’ gas subsidiary Liquigas by gas distributors Copagaz Distribuidora de Gás, Nacional Gás Butano Distribuidora (NGB) and Sociedade Fogás and holding company Itaúsa will be subject to an in-depth review by the Brazilian competition authority. The transaction was declared “complex” by the Superintendence of the Administrative Council for Economic Defense.The acquisition of Petrobras’ gas subsidiary Liquigas by gas distributors Copagaz Distribuidora de Gás, Nacional Gás Butano Distribuidora (NGB) and Sociedade Fogás and holding company Itaúsa will be subject to an in-depth review by the Brazilian competition authority....

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