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Petrobras agrees to buy remaining 70% of Logum for R$ 620 million

PUBT·11/12/2026 11:05:04
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Petrobras agrees to buy remaining 70% of Logum for R$ 620 million
  • Petrobras agreed to buy the remaining 70% of Logum for R$ 620 million, increasing its ownership to 100%.
  • Raízen Energia and Copersucar are each selling 30% stakes; Uniduto Logística is selling its 10% holding.
  • Payment comprises R$ 300 million at closing, followed by R$ 160 million installments at 12 and 24 months.
  • The price is subject to contractual adjustments; closing depends on conditions including clearance from competition regulator CADE.
  • The acquisition will integrate Logum's pipeline network into the buyer's logistics system, expanding its position in Brazil's ethanol transport market.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PETROBRAS - Petróleo Brasileiro SA published the original content used to generate this news brief on November 12, 2026, and is solely responsible for the information contained therein.