Brazil studying privatizing Petrobras via share sale, senator says

Industry:    2021-10-26

The Brazilian government is studying the possibility of privatizing state-run oil company Petrobras via a share sale, Fernando Bezerra, the head of the government in the Senate, told Reuters on Monday.

He said it was unclear if any bill paving the way for such a move would be introduced to Congress this year. The government’s current priority is privatizing the federal mail service or Correios, Bezerra said.

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