Public Joint Stock Company Acron (MISX:AKRN) signed an agreement to acquire Nitrogen Fertilizer Unit III (UFN-III) from Petróleo Brasileiro S.A. - Petrobras (BOVESPA:PETR4) on February 4, 2022. Petrobras clarifies that the signing of the sales contract still depends on Petrobras governance procedures, after governmental approvals.

Public Joint Stock Company Acron (MISX:AKRN) cancelled the acquisition of Nitrogen Fertilizer Unit III (UFN-III) from Petróleo Brasileiro S.A. - Petrobras (BOVESPA:PETR4) on April 28, 2022. The business plan proposed by the potential purchaser, in replacement of the original project, made certain governmental approvals unsuccessful which were required to the continuation of the transaction.