SAO PAULO, June 27 (Reuters) - Brazilian retailer GPA has agreed to sell its network of gas stations in Sao Paulo state to conglomerate Ultrapar, it said late on Wednesday, part of a broader push to divest from assets in the fuel industry.

GPA, whose core operations are in food retail but also owns 71 gas stations across the country, had announced last year plans to sell off the fuel station chain as part of a divestment strategy to reduce financial leverage.

The Ultrapar deal involves 49 gas stations in Sao Paulo, Brazil's most populous and wealthiest state. GPA also said in a securities filing it had agreed to sell other gas stations in eight different Brazilian states to unnamed buyers.

The total station sale was priced at around 200 million reais ($36.23 million) - with the 49 assets bought by Ultrapar alone valued at 130 million reais, according to a separate Ultrapar filing.

The deal still requires approval from Brazil's antitrust watchdog CADE. Ultrapar controls Ipiranga, one of the South American country's largest fuel distributors. ($1 = 5.5203 reais) (Reporting by Gabriel Araujo; Editing by Susan Fenton)