Brazil: What are Bolsonaro’s successes and mistakes in the economy
About to end, the government of Jair Bolsonaro (PL) brought advances in the economy and conflicts with many political and...
December 30, 2022Topic
BR Distribuidora
Correios: Brazil government to sell all state-owned postal company in single auction
Brazilian state-owned postal service Correios will be sold to a single buyer in an auction scheduled for March. The bill...
July 6, 2021
Petrobras to sell 37.5% of BR shares; proceeds could reach RS$10 billion
The initial plan was for the operation to be held earlier this year, but it was deferred due to the...
June 12, 2021
Petrobras to sell remaining stake in BR Distribuidora through stock offer, not auction
Petrobras (PETR3;PETR4) will sell all its remaining stake (37.5%) in BR Distribuidora (BRDT3) through secondary public offering of shares
June 11, 2021
Petrobras Agrees Target Sales Price for Stake in BR Gas Station Chain – Sources
Brazil’s state-controlled oil producer Petroleo Brasileiro SA is considering selling its remaining stake in gas station chain BR Distribuidora if...
February 2, 2021
Brazil’s Petrobras Free to Sell Shares of Subsidiary
A Federal Court in Sergipe is allowing the oil giant to continue its divestment program, by permitting it to sell...
May 9, 2017
Brazil’s Petrobras Allowed to Halt Oil Production in 16 Platforms
The latest request by Petrobras is part of the company’s plan to reduce costs and reverse some of the losses...
July 15, 2016
Brazil’s Petrobras Approves IPO of BR Distribuidora
The state-owned oil giant wants sell part of its subsidiary's stock to improve the company’s financial situation.
August 19, 2015