Brazil's Petrobras Antitrust Watchdog Cade Agreed To Review Terms Of Agreement On Refineries; Regulator Cade Agreed To Review Terms Of Agreement Regarding Gas
Portfolio Pulse from Benzinga Newsdesk
Brazil's antitrust watchdog Cade has agreed to review the terms of an agreement concerning Petrobras' refineries, according to a Reuters report citing a filing.
May 22, 2024 | 4:29 pm
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Cade, Brazil's antitrust watchdog, has agreed to review the terms of an agreement concerning Petrobras' refineries. This review could impact Petrobras' operations and regulatory environment.
The review by Cade could lead to changes in the regulatory environment for Petrobras, potentially affecting its operations. However, the immediate impact on the stock price is uncertain until more details are known.
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