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Exciting, Uncertain Times.
- Source :
- LatinFinance; Nov/Dec2009, Issue 209, p24-26, 2p, 1 Color Photograph
- Publication Year :
- 2009
-
Abstract
- The article presents information on the plans of Brazilian oil producer Petroleo Brasileiro SA (Petrobras) to raise 174 billion dollars. The company's chief finance officer (CFO) Almir Barbassa stated that the government is planning to sell up to five billion barrels of oil reserves in exchange for extra shares in the company. It is stated that the minority shareholders will be invited to subscribe to new equity in the proposed share offering.
- Subjects :
- CORPORATE finance
PETROLEUM industry
STOCKHOLDERS equity
PETROLEUM reserves
FINANCE
Subjects
Details
- Language :
- English
- ISSN :
- 1048535X
- Issue :
- 209
- Database :
- Complementary Index
- Journal :
- LatinFinance
- Publication Type :
- Periodical
- Accession number :
- 45724287