Brazil’s BR Distribuidora launches share offering to sell Petrobras stake
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…
bubmagJune 18, 2021