SAO PAULO, June 30 (Reuters) - Brazil state-controlled oil company Petroleo Brasileiro SA, known as Petrobras, has raised 11.36 billion reais ($2.3 billion) with the sale of its stake in fuel distributor Petrobras Distribuidora SA , one source with knowledge of the matter said.
The secondary share offering was priced at 26 reais per Petrobras Distribuidora share, with a 2.5% discount over closing price of 26.68 reais on Wednesday.
$1 = 4.9701 reais Reporting by Tatiana Bautzer; Editing by Christian Schmollinger
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July 01, 2021 at 06:23AM
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Petrobras raises $2.3 bln in sale of fuel distributor stake- source - Reuters
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