This excerpt taken from the PBR 6-K filed May 1, 2009.
Petrobras concludes the acquisition of Esso Chile Petrolera
(Rio de Janeiro, April 30 2009). PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa: PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA, BCBA: APBR/APBRA], a Brazilian international energy company informs that its wholly owned subsidiaries Petrobras Participaciones, S.L. (PPSL) and Petrobras Venezuela Investments & Services B.V (PVIS), located in Spain and in the Netherlands, respectively, concluded today the acquisition of ExxonMobils distribution and logistics assets in Chile, in the total amount of approximately $400 million.
With the acquisition, Petrobras guarantees a strong position in the Chilean fuel distribution market, with a network of almost 30 service stations, presence in 11 airports, participation in six distribution terminals (four owned and two via joint ventures) and a participation of 22% in the company Sociedad Nacional de Oleoductos and 33,3% in Sociedad de Inversiones de Aviación.
This document may contain forecasts that merely reflect the expectations of the Companys management. Such terms as anticipate, believe, expect, forecast, intend, plan, project, seek, should, along with similar or analogous expressions, are used to identify such forecasts. These predictions evidently involve risks and uncertainties, whether foreseen or not by the Company. Therefore, the future results of operations may differ from current expectations, and readers must not base their expectations exclusively on the information presented herein.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: April 30, 2009
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