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Auction Purchase Agreement

Mayer Brown

5th Auction of Brazilian Government Oil: Tender Protocol and Draft Agreement

Mayer Brown on

On April 2, 2025, Pré-Sal Petróleo S.A. (“PPSA”) published the Draft Tender Protocol of the 5th Auction (“5th Auction”) for the sale of national oil from the Mero, Búzios, Sépia, Itapu e Bacalhau fields (“Draft Tender...more

Mintz Edge

Managing Multiple Bidders in the Sale of a Company

Mintz Edge on

When selling a company through a competitive auction process, a seller may have multiple bidders seeking to purchase the target company. Having multiple bidders compete to purchase the target company can be advantageous to...more

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