Petrobras unveils $64bn share offer
- Published: 3/09/2010 at 08:56 PM
- Online news:
Brazil's state-run oil company Petrobras on Friday unveiled a huge share offering which could raise 64 billion dollars to help finance new exploration projects in the country.
View of an oil platform off the coast of Brazil. Brazil's state-run oil company Petrobras has unveiled a huge share offering which could raise 64 billion dollars to help finance new exploration projects in the country.
Some 2.1 million common shares and 1.5 million preferred shares would be issued to help finance deepwater exploration, the company said in a statement.
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About the author
- Writer: AFP News agency
- Position: Agence France-Presse
