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