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Read More »Petrobras plans to sell Braskem stake before end-2018
Bloomberg Petroleo Brasileiro SA plans to sell its stake in petrochemicals producer Braskem SA before the end of 2018 to help fund its business plan and reduce debt, Chief Financial Officer Ivan Monteiro said. Petrobras, as the Rio de Janeiro-based state-run producer is known, has included the Braskem stake in a plan to raise $19.5 billion through divestitures in …
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