Petroleo Brasileiro Petrobras SA Announces Proposal of Merger by Incorporation of Its Wholly-Owned Subsidiaries

Monday, 17 Jun 2013 08:12am EDT 

Petroleo Brasileiro Petrobras SA announced that its Board of Directors on June 14, 2013 approved a proposal for reorganization of its petrochemical holdings portfolio and, in consequence, a proposal of merger by incorporation of its wholly-owned subsidiaries Comperj Participacoes SA, Comperj Estirenicos SA, Comperj MEG SA and Comperj Poliolefinas SA. The proposals will be submitted to the Extraordinary General Meeting of the Company. 

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