Organisation: Mubadala

Petrobras investigates allegedly undervalued Mubadala sale

Brazil’s state oil company Petrobras is investigating the US$1.65 billion sale of one of its refineries to an Abu Dhabi investment fund after the comptroller general flagged issues with the timing and price of the transaction.

12 January 2024

Novonor exits Atvos with Mubadala sale

Pinheiro Neto Advogados has helped Emirati sovereign wealth fund Mubadala Capital acquire the remaining 10% stake that Brazilian conglomerate Novonor held in local ethanol producer Atvos, marking the exit of the company – formerly known as Odebrecht – from the bioenergy group.

09 November 2023

Mubadala flexes Brazilian investment muscle with Bluefit buy

Stocche Forbes Advogados has helped Mubadala Capital acquire a majority stake in Brazilian gym chain Bluefit for 464 million reais (US$94 million), continuing the Emirati sovereign wealth fund’s streak of investments in the South American country.

15 September 2023

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