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SAO PAULO (Reuters) – Brazilian state-run Petroleo Brasileiro SA PETR4.SA said on Tuesday that talks to sell its fertilizer business to Acron Group ended with no agreement.
In a securities filing, Petrobras, as the company is known, added it remains committed to divest Araucária Nitrogenados SA (ANSA) and Unidade de Fertilizantes Nitrogenados III (UFN-III), in order to improve its portfolio and capital allocation.
Reporting by Gabriela Mello, editing by Louise Heavens
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