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Petroperu Chair Eyes Rare Profit, Investors for Minority Stake
Source: Bloomberg
M&A & RestructuringCompany FundamentalsCorporate EarningsSovereign Debt & Ratings
Petroperu’s board plans to seek a buyer for a minority stake in the state-owned oil company early next year, according to its chairman. He also said Petroperu is on track for its first annual profit since 2021, despite describing the company as ailing; no profit figure or transaction terms were reported.
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