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Argentina authorizes Petrobras to buy Perez Companc.
(From Chemical Business NewsBase - Press Release)
The Argentine Government has authorized the acquisition of Argentine oil company, Perez Companc (Pecom) by Brazilian oil giant, Petroleo Brasileiro (Petrobras). In order to go ahead with the transaction, however, Petrobras is required to sell Pecom's energy transportation subsidiary, known as Transener. Earlier in 2003, Argentine …
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