Brazilian firms help bring Petrobras’ TAG divestment to a close

Jones Day offices in New York and São Paulo and Stocche Forbes Advogados in Rio de Janeiro have assisted two subsidiaries of French energy conglomerate Engie, while Tauil & Chequer Advogados in association with Mayer Brown and Stocche Forbes too have helped Canadian fund Caisse de dépôt et placement du Québec (CDPQ) in their shared 1 billion Brazilian reais (US$194 million) acquisition of Petrobras’ remaining 10% stake in Brazilian gas pipeline company TAG.