French oil and gas company Total announced the purchase of some assets of the Brazilian group Zema in the retail fuel sector. According to the agreement, the deal, the amount of which is not disclosed, includes the purchase of Zema Petroleo, Zema Diesel and Zema Importacao. For example, Zema Petroleo includes 280 petrol stations for cars and storage of petroleum products and bioethanol in Brazil. Total announced plans for further expansion in the Brazilian retail fuel sector. Its plan involves an 2-fold increase in the number of gas stations in the region over 5 years.
European stocks mixed, British retail sales plunge
03.02.2021Japan’s services sector plunges as coronavirus takes toll on businesses
02.02.2021GameStop shares plunge, sliver spree halted as retail investors reach impact limit
01.02.2021Dollar boosted by safe-haven bid after retail frenzy wounds risk sentiment