Petrobras Oil-For-Stock Swap Price Set at $8.50 Per Barrel
By Paul | Published:
September 2, 2010
Petroleo Brasileiro SA, Brazil’s state-controlled oil producer, will pay $8.50 a barrel to buy 5 billion barrels of undeveloped reserves from the government in exchange for stock, Finance Minister Guido Mantega told reporters today in Brasilia.
Source: Petrobras Oil-For-Stock Swap Price Set at $8.50 Per Barrel
This entry was posted in General and tagged Brasilia, Brazil, Finance Minister, Guido Mantega, Oil Price, Oil Producer, Petroleo, Stock Finance, Stock Price, Stock Swap. Bookmark the
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