Forbes & Manhattan to acquire the Shale Industrialization Unit of Petrobras for $33m.

Synopsis

Forbes & Manhattan, a private merchant bank, agreed to acquire the Shale Industrialization Unit of Petrobras, a state-owned Brazilian multinational corporation in the petroleum industry, for $33m.

Principals

target

Petrobras (shale Industrialization Unit)

bidder

Forbes & Manhattan

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Market Context

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Bidder Team (1)

stan bharti

Founder and Executive Chairman at FORBES & MANHATTAN

Manager

bidder

Deal

£ 24 M

Total Value

Vendor Team (3)

joaquim silva e luna

CEO at PETROBRAS

Manager

vendor

Deals

£ 2.51 B

Total Value

marcos spieler

Managing Director at Rothschild & Co

Financial Advisor

vendor

Deals

£ 13.85 B

Total Value

elias mitropoulos

Director at Rothschild & Co

Financial Advisor

vendor

Deals

£ 19.01 B

Total Value

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