29.09.2010 - Brazil gov't to buy nearly 2/3 of Petrobras offer
From Reuters: Brazil's government, through its sovereign wealth fund and other state entities, agreed to buy nearly two-thirds of the shares in oil major Petrobras as part of the company's massive $70 billion offering that was sealed last week. The sovereign fund, state development bank BNDES and the National Treasury committed to buy about 2.8 billion shares of the 4.27 billion offered, Petrobras said in a statement on Tuesday..............................................Full Article: Source
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