(Corrects second paragraph to say Novonor did receive
non-binding proposals, instead of did not receive any proposals)
SAO PAULO, May 9 (Reuters) - Brazil's state-run oil
company Petrobras said Tuesday that it is not
conducting any asset sales in the private market and denied it
was in talks with Abu Dhabi's Mubadala investment fund about its
stake in the Braskem petrochemical company.
Petrobras' statement came after Novonor, also a shareholder
in Braskem, on Friday in response to local media reports said it
had received non-binding proposals from potential interested
parties for its controlling stake in Braskem.
"Petrobras, in relation to the news reported in the media,
informs that it is not conducting any sale operation structuring
in the private market and that it does not participate in the
negotiations mentioned," the oil company said.
"Additionally, information that the company is discussing a
partnership with the Mubadala fund to exchange shares in the
Mataripe refinery in Bahia for Braskem shares is not true."
(Reporting by Leticia Fucuchima; Writing by Steven Grattan;
Editing by Kirsten Donovan)
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