3R Petroleum prepares IPO of R $ 1 billion
Sources told O Globo that 3R Petroleum wants to clear the Stock Exchange and prepares an IPO of about R$ 1 billion in October.
The company has just bought Petrobras' Macau (RN) hub and its IPO comes as it begins exploration of the site, in which it intends to invest US$ 200 million throughout the life cycle of the wells.
The oil company, which is controlled by Starboard Restructuring Partners, hired XP, Itaú BBA, BTG Pactual and Brasil Plural to coordinate the offer.
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