BR Distribuidora plans to become an energy company

With the sale of Petrobras' share, BR becomes an organization with no defined controller. With this, the entity states that it wants to stop being just a distributor of fuels."We're going to be an energy company and not just fuel," said Wilson Ferreira Júnior, president of the fuel distribution network.

Petrobras has finalized its stake in Petrobras Distribuidora S.A. (BR Distribuidora) last Monday (5), raising about 11.358 billion reais with the sale of its share in the subsidiary. There were 5,795 buyers, most of them investment funds and foreign investors.

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