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Brazil's Copagaz launches cooking gas imports from Argentina's TGS


1 Min Read
April 7 (Reuters) - Copagaz has signed an agreement to become Brazil’s first private distributor to import cooking gas, or liquefied petroleum gas (LPG), by boat in a deal with Argentina’s Transportadora de Gas del Sur (TGS), an executive told Reuters.
The move reflects changes in the Brazil’s fuel market as state-controlled company Petroleo Brasileiro SA, known as Petrobras, sells assets and reduces its dominance in the country.
Copagaz, Brazil’s largest cooking gas distributor, will buy 7,600 tonnes of LPG in three cargoes for delivery between April 8 and May 1 at Tergasul terminal in Rio Grande do Sul state, the company’s operations vice-president Agnaldo Inojosa said. ....

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Brazil retailer B2W incorporates part of Lojas Americanas assets


By Reuters Staff
1 Min Read
Rio, April 28 (Reuters) - Brazilian company B2W’s board of directors has approved the incorporation of part of Lojas Americanas’ assets, the company said in a filing.
B2W has hired Brazilian brokerage firm XP Investimentos to set the price value of Lojas Americana’s incorporated assets, it said.
Reporting by Sabrina Valle Editing by Chris Reese ....

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