Petrobras ‘urges delay’ for fuel IPO

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Petrobras ‘urges delay’ for fuel IPO
28 August 2015, News Wires – Management at Brazil’s state-controlled Petrobras has urged the company’s board to delay a planned initial public offering of its fuel distribution unit as market conditions soured, according to reports. Management told the board that the impact of market turmoil on strategic decisions like BR Distribuidora’s listing should be analysed more […] More »

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