Petrobras Nears a Deal to Regain Control of Key Fertilizer Plants
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Petrobras (PBR) is negotiating with Unigel to regain control of two fertilizer plants, aiming to reduce Brazil's reliance on imported fertilizers.
January 17, 2025 | 11:45 am
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Petrobras is in discussions with Unigel to take back control of two fertilizer plants, which could help reduce Brazil's dependency on imported fertilizers.
The potential deal to regain control of fertilizer plants is significant for Petrobras as it aligns with strategic goals to reduce import dependency, which could positively impact its stock price in the short term.
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