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Engie-led consortium seals $8.6 billion purchase of Petrobras pipeline unit

PARIS: A consortium led by French utility Engie has won a bid for Petrobras’ TAG pipeline arm with an $8.6 billion offer, in a deal that boosts Engie’s presence in the fast-growing Brazilian market and helps Petrobras cut debts. Engie said on Monday its successful offer for a 90 percent stake in TAG was made […]

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