07-08-08 Petroleo Brasileiro, Brazil's state-controlled oil company, agreed to buy ExxonMobil's fuel-distribution business in Chile for $ 400 mm.
The acquisition includes contracts with 230 fuel stations, of which 109 are owned by Exxon's Esso Chile Petrolera, 6 fuel-distribution units, which are joint ventures, and 11 airport-fuel units, Rio de Janeiro-based Petrobras, as the company is known, said.