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Home>Petrobras Rules Out Issuing New Shares

Petrobras Rules Out Issuing New Shares

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Tue, 30 Jun 2015

By Paul Kiernan RIO DE JANEIRO--Brazilian state-run oil giant PetrĂ³leo Brasileiro SA doesn't foresee a need to issue new shares after slashing its investment plans and placing tens of billions of dollars of assets on the block, Chief Executive Aldemir Bendine said Monday. Petrobras announced Monday
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