“After preliminary analyzes, Fluxus decided not to follow in the process,” said the oil company in a statement
Petroleira Fluxus, from the J&F group, informed, by means of a note, to give up the purchase of assets on the land of Brava (). The company said it came to advance in the first phase of the process (non -binding offer) being called to participate in the competitive process for assets, but chose not to move on before the second phase, when it would sign confidentiality agreement to make binding proposal .
“After preliminary analysis, Fluxus decided not to follow in the process,” he said in a statement.
Early Broadcast (Real -time news system of the state group) reported that there was a proposal from Fluxus under analysis by Brava throughout the company’s company portfolio.
The angry was still analyzing the perimeter to be sold.
Sources with knowledge of the subject reinforced the interest of Brava’s Board of Directors in selling the assets on land in order to reinforce cash, disappoint the company and distribute dividends.
