April 5, 2019 / 8:29 PM / 15 days ago

Brazil's Petrobras says Engie proposed to pay $8.6 bln for gas pipeline unit - filing

SAO PAULO, April 5 (Reuters) - Brazil's state-controlled oil company Petroleo Brasileiro SA said in a filing on Friday that France's Engie SA presented the largest bid to acquire 90 percent of gas pipeline unit TAG.

Petrobras said Engie proposed to pay $8.6 bln, including the prepayment of $800 million of TAG credit with development bank BNDES, the filing added.

Reporting by Tatiana Bautzer; Editing by Richard Chang

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