Economic Calendar

Thursday, August 14, 2008

Ultrapar to Buy Chevron Fuels-Marketing Business in Brazil

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By Kim Jordan

Aug. 14 (Bloomberg) -- Ultrapar Participacoes SA agreed to buy Chevron Corp.'s fuels-marketing business in Brazil for about $730 million.

Chevron said in a Business Wire statement today that Ultrapar will get 2,000 service stations operating under the Texaco brand.

To contact the reporter on this story: Kim Jordan in Houston at kjordan2@bloomberg.net.


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