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Petrobras enters new phase of biodiesel producer BSBios sale




By Reuters

Petroleumworld 02 05 2018

Brazilian state-run oil company Petroleo Brasileiro SA has begun a new non-binding phase in the sale process of its entire 50 percent stake in biodiesel producer BSBios, it said in a securities in filing in Monday.

Petrobras, as the company is widely known, announced the sale process for BSBios in December. As part of the new non-binding phase, companies that have expressed interest in the stake will receive additional information on BSBios, Petrobras said.

Reporting by Gram Slattery from Reuters. 02 05 2018

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