Caixa Announces Sale of Petrobras assets

00The Caixa Economica Federal registered in the Securities commission of the United States (SEC) a shareholding offer aimed at the private initiative comprising about R $7 billion of Petrobras assets. The sale encompasses around 241 million shares, equivalent to 2.8% of the total capital of the oil tanker and 3.2% of the total common shares.

According to Brazil Journal, there were also conversations for BNDES to join the offer, which decided not to do so for reasons undisclosed. In disputes, by those who choose to sell and by whom not, it is worth reflecting on who is with reason.

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