Brazil's Petrobras, Brookfield enter talks over pipeline unit: Reuters
Brazil's state-controlled Petróleo Brasileiro SA has entered exclusive talks with Brookfield Asset Management over the sale of natural gas pipeline unit Nova Transportadora do Sudeste SA, as part of a plan to dispose of US$15 billion of non-essential assets by year-end. Reuters reported earlier, citing sources, that Brookfield had offered 18 billion reais (US$5.2 billion) to acquire NTS, as the unit is known, trumping rival bids.
13 May 2016•2 mins read
