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Brazil court suspends $5.2 bln sale of Petrobras unit to Brookfield

Published 2017-02-10, 11:12 a/m
© Reuters.  Brazil court suspends $5.2 bln sale of Petrobras unit to Brookfield
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RIO DE JANEIRO, Feb 10 (Reuters) - A Brazilian federal court suspended on Friday the $5.2 billion sale of state-controlled Petróleo Brasileiro SA's natural gas pipeline unit to a group of investors led by Canada's Brookfield Asset Management Inc BAMa.TO .

In a document seen by Reuters, the Sergipe state-based court ruled the transaction, which was to be closed within weeks, be halted because of discrepancies with the way Petrobras PETR4.SA proceeded with the sale.

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