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Brazil’s BR Distribuidora launches share offering to sell Petrobras stake

Article content BRASILIA — Brazilian fuel retailer BR Distribuidora launched a share offering on Thursday in which state-controlled oil company Petrobras SA will sell an 11.5 billion reais ($2.3 billion) stake in the company, according to a securities filing. The offering will be priced on June 30, and managed by Bank of America Corp, Citigroup […] The post Brazil’s BR Distribuidora launches share offering to sell Petrobras stake appeared first on Up News Info.
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