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UPDATE 1-Spain's FCC sells 25% of its environmental subsidiary for $1 billion

Spain's FCC has agreed to sell a quarter of its environmental subsidiary's share capital to Canadian global management group CPP Investments for 965 million euros ($1.06 billion), it said on Thursday. ....

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UPDATE 1-Citigroup considering divestiture of some foreign consumer units - Bloomberg Law

路透新闻部
(Adds Citigroup response)
Feb 19 (Reuters) - Citigroup Inc is considering divesting some international consumer units, Bloomberg Law reported on Friday, citing people familiar with the matter.
The discussions are around divesting units across retail banking in the Asia-Pacific region, the report bit.ly/3pD57WP said.
“As our incoming CEO Jane Fraser said in January, we are undertaking a dispassionate and thorough review of our strategy,” a Citigroup spokesperson told Reuters.
“Many different options are being considered and we will take the right amount of time before making any decisions.”
The move, part of Fraser’s attempt to simplify the bank, can see units in South Korea, Thailand, the Philippines and Australia being divested, the Bloomberg report said. ....

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UPDATE 1-Brazil's Petrobras says Rodrigo Costa Lima e Silva to lead refining unit

By Reuters Staff
(Adds details on Silva, company details, political background)
RIO DE JANEIRO, Jan 26 (Reuters) - Brazil’s state-run oil company, Petrobras, said in a statement on Tuesday it has approved Rodrigo Costa Lima e Silva as the firm’s new refining head, after signing off on the exit of Anelise Lara amid a push to sell refineries and generate cash.
With a 15-year career at Petrobras, Silva takes the job amid a process of divestment of eight refineries, which correspond to about half of Brazil’s fuel production capacity.
The departure of Lara, who was leading the company’s efforts to sell off its refineries, came the same day the chief executive of state-run power firm Eletrobras resigned, saying he had lost faith that the privatization drive would receive the necessary political backing. ....

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