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

Bitget2026/11/12 11:05

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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.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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

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