by Rogerio Jelmayer
Dow Jones Newswires
July 02, 2012
SAO PAULO
Brazil’s government-run oil company, Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, will pay a total of $820.5 million to acquire a 50% stake that it doesn’t already owned, assuming full control of Pasadena Refining Systems Inc and ending a legal dispute with a former partner, the company said over the weekend in a statement.
The rest of the story is at
http://www.downstreamtoday.com/news/article.aspx?a_id=36611
Paul
