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AlwaysFree: Petrobras Predicted To Reach An Understanding With Odebrecht In Six Months

Author: SSESSMENTS

Petrobras, Brazil’s state-led oil company, predicted to reach an understanding in six months with Odebrecht, an engineering group, on a new agreement about shareholder of Braskem SA, a petrochemical company. Chief Executive of Petroleo Brasileiro SA or Petrobras, said that the new accord will convert common shared from preferred shares, allowing Petrobras to easier selling its Braskem stake. 

Tags: AlwaysFree,Americas,Brazil,Crude Oil,English,Latin America

Published on July 7, 2020 12:06 PM (GMT+8)
Last Updated on July 7, 2020 12:36 PM (GMT+8)