Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  BOLSA DE VALORES DE SAO PAULO  >  Petroleo Brasileiro SA Petrobras    PETR4   BRPETRACNPR6

End-of-day quote. End-of-day quote  - 08/30
12.87 BRL   --.--%
12:11a PETROLEO BRASIL : Rousseff says democracy at stake in Senate trial
08/29 PETROLEO BRASIL : BRAZIL - Brazil's Rousseff testifies in impeachmen..
08/29DJBrazil's Rousseff Defends Herself at Senate Impeachment Trial
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Petroleo Brasileiro Petrobras SA : Disposal of common shares held by Petrobras in Brasil PCH S.A.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/15/2013 | 01:45am CEST

Disposal of common shares held by Petrobras in Brasil PCH S.A.

Download

Rio de Janeiro, June 14, 2013 - Petróleo Brasileiro S.A. - Petrobras announces it has signed with Cemig Geração e Transmissão S.A. ("Cemig GT") a stock purchase agreement for Petrobras' ownership interest in Brasil PCH S.A. ("Brasil PCH"), equivalent to 49% of the voting stock, in the total amount of R$ 650 million, to be adjusted in the stock purchase agreement ("CCVA").

Brasil PCH is currently one of Brazil's main independent electricity generating companies from renewable sources. The company's portfolio includes 13 operational small hydroelectric plants ("PCHs") with a total installed capacity of 291 MW. The PCHs are located in the states of Espírito Santo (4), Goiás (3), Minas Gerais (3) and Rio de Janeiro (3).

In meetings held on this date, the Boards of Directors of Petrobras and CEMIG approved the transaction, which is part of Petrobras' Divestment Program.

Completion of the transaction is subject to approval by the Brazilian Antitrust Authority ("CADE") and approval by the Brazilian Electricity Regulatory Agency ("ANEEL"), among other conditions precedent.

Common shareholders of Brasil PCH may exercise their right of first refusal or tag along right within 45 days.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on PETROLEO BRASILEIRO SA PET
12:11a PETROLEO BRASILEIRO PETROBRAS : Rousseff says democracy at stake in Senate trial
08/29 PETROLEO BRASILEIRO PETROBRAS : BRAZIL - Brazil's Rousseff testifies in impeachm..
08/29DJBrazil's Rousseff Defends Herself at Senate Impeachment Trial
08/29 PETROLEO BRASILEIRO PETROBRAS : Brazil police urge graft charges against ex-lead..
08/29 PETROLEO BRASILEIRO PETROBRAS : Rousseff in Senate for last bid to thwart ouster
08/29 PETROLEO BRASILEIRO PETROBRAS : Brazil police urge graft charges against ex-lead..
08/29 PETROLEO BRASILEIRO PETROBRAS : Brazil's president proclaims innocence at impeac..
08/28 PETROLEO BRASILEIRO PETROBRAS : Rousseff prepares to testify at Brazil impeachme..
08/27 PETROLEO BRASILEIRO PETROBRAS : L’ancien président Lula cité dans l’..
08/27 PETROLEO BRASILEIRO PETROBRAS : Jurist behind drive to oust Brazil's Rousseff sa..
More news
Sector news : Integrated Oil & Gas
08/29DJGazprom Net Profit Down 17% on Higher Operating Expenses
08/29 Statoil expects 'loads of' M&A deals coming up, strategy chief says
08/29DJLukoil Profit Dented by Falling Prices, Ruble
08/29DJOil Prices Decline on Rate Jitters
08/29DJStatoil Recalibrates Giant North Sea Project to Save Billions of Dollars
More sector news : Integrated Oil & Gas
News from SeekingAlpha
08/29 BLOOMBERG : Petrobras near $6B pipeline sale to Brookfield-led group
08/28 SEADRILL : We Choose To Stay Clear
08/26 Petrobras upgraded at Credit Suisse, although still not a fan
08/26 REUTERS : Petrobras voluntary layoff program accepted by 6,100 employees
08/24 Brazil judge OKs sale of Petrobras unit to Mitsui
Advertisement
Financials ( BRL)
Sales 2016 315 532 M
EBIT 2016 39 485 M
Net income 2016 3 339 M
Debt 2016 368 634 M
Yield 2016 3,16%
P/E ratio 2016 43,94
P/E ratio 2017 8,90
EV / Sales 2016 1,74x
EV / Sales 2017 1,47x
Capitalization 181 645 M
More Financials
Chart PETROLEO BRASILEIRO SA PET
Duration : Period :
Petroleo Brasileiro SA Pet Technical Analysis Chart | PETR4 | BRPETRACNPR6 | 4-Traders
Full-screen chart
Technical analysis trends PETROLEO BRASILEI...
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 14
Average target price 11,8  BRL
Spread / Average Target -6,2%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Pedro Pullen Parente Chief Executive Officer & Director
Aldemir Bendine President & Director
Luiz Nelson Guedes de Carvalho Chairman
Ivan de Souza Monteiro Chief Financial & Investor Relations Officer
Roberto Moro Chief Engineering & Technology Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
PETROLEO BRASILEIRO SA..87.01%55 673
PETROCHINA COMPANY LIM..-11.38%193 960
TOTAL3.19%122 587
NK ROSNEFT' PAO--.--%57 420
ENI SPA-1.38%55 372
STATOIL ASA6.55%51 806
More Results