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Brazil's Ultrapar looking for strategic partner for Petrobras refineries

 Brazil’s Ultrapar Participações SA is looking for a strategic partner to bid for refineries put on the block by state-controlled oil company Petroleo Brasileiro SA, CEO Andre Dias told analysts in a conference call.

Dias said the conglomerate, with activities ranging from retail to fuel distribution, is attentive to all opportunities in Petrobras’ divestiture program.

Reporting by Alberto Alerigi Jr.

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