Aug 14 2008
Chevron will sell 2,000 Texaco stations in Brazil
San Ramon-based Chevron Corp. will sell 2,000 Texaco gas stations and some related businesses in Brazil for about $730 million. As reported in San Francisco Business Times:
Chevron agreed to sell the businesses to Ultrapar Participações S.A., based in São Paulo. The deal requires separating out Chevron’s lubricant and oil exploration businesses, which aren’t included [...]