Petrobras sells two petrochemical operations, stake in Guarani

|By:, SA News Editor

PetroquímicaSuape and Citepe are offloaded to subsidiaries of Mexico's Alpek (OTC:ALPKF) for $385M, Petrobras' (PBR, PBR.A) entire interest in sugar and ethanol Guarani venture to France's Tereos for $202M, as well-expected.

Press release [PetroquímicaSuape and Citepe]

Press release [Guarani]