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Petrobras concludes sale of stake in BR Distribuidora

Petrobras today (Jun. 6) announced the end of the drive to sell its shares at Petrobras Distribuidora S.A. (BR Distribuidora). The offer is said to have raised $2.23 billion. The state-run giant further reported that 436.875 million shares were sold to 5,795 acquirors. The shares were priced at $5.12 each. A total of 576 investment […]