CEPSA Química, S.A. agreed to acquire additional 27.88% of stake in Deten Química S.A. from Petróleo Brasileiro S.A. - Petrobras (BOVESPA:PETR4) for approximately BRL 590 million on April 27, 2022. The Board of Petrobras approved the deal. The amount does not consider the adjustments due until the closing of the transaction, which is still subject to the fulfillment of conditions precedent, such as the approval by the Administrative Council for the Defense of Competition. Alejandro Ortiz of Linklaters S.L.P. acted as legal advisor to CEPSA Química, S.A.