Deals
Petrobras’ Japan Unit Sale Said to Draw Interest From JX, Tonen
- Cosmo among at least seven companies to express interest
- Petrobras bought Nansei Sekiyu stake for 5.5 billion yen
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Petroleo Brasileiro S.A.’s sale of its Japanese unit on the tropical island of Okinawa is drawing interest from several companies, including JX Holdings Inc. and TonenGeneral Sekiyu K.K., according to people with knowledge of the matter.
At least seven companies, including Japanese refiner Cosmo Energy Holdings, have indicated an interest in participating in the first round of the auction for Nansei Sekiyu K.K., said the people, who asked not to be identified because the information is private. Petroleo Brasileiro is the Brazilian state-run oil company better known as Petrobras.