360 News Desk

Brazil’s BR Distribuidora to create energy, natural gas and ethanol trading cos

October 24, 2019

Reuters SAO PAULO (Reuters) – Brazilian fuel distributor Petrobras Distribuidora SA is considering creating energy trading units as it seeks to reposition itself after its privatization last July, Brazilian newspaper Valor Economico reported on Thursday. The company is considering creating ethanol, electricity and natural gas trading businesses, Rafael Grisolia, BR Distribuidora’s chief executive, told the Thursday edition of Valor

Aramco listing was delayed to rope in anchor investors: sources

October 22, 2019

Source: Reuters DUBAI/RIYADH (Reuters) – Oil giant Saudi Aramco’s much-vaunted stock market listing was delayed after deal advisers said they need more time to lock in cornerstone investors, three sources with direct knowledge of the matter told Reuters. After a false start last year, preparations gathered momentum this summer with approaches to sovereign wealth funds, rich Saudis and large foreign

Brazil’s BR Distribuidora to create energy, natural gas and ethanol trading cos

Aramco listing was delayed to rope in anchor investors: sources

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