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Copec signs US$747 million deal with ExxonMobil

Simpson Thacher & Bartlett LLP, Colombia’s Brigard & Urrutia Abogados and Ecuador’s Corral Rosales Carmigniani Pérez have helped Chilean energy conglomerate Empresas Copec reach a US$747 million deal to buy oil major ExxonMobil’s lubricants and fuels business in Colombia, Ecuador and Peru.