Privatization of BR Distribuidora

It is already approved by the Board of Directors of Petrobras the way the company will sell its shares of BR Distribuidora and defined that, after the approval of the internal organs, the negotiation of the bonds will be through a secondary public offering of shares ( Follow-on).

The state company highlights that the operation is aligned with the optimization of the portfolio and the improvement of the allocation of the capital, aiming at the generation of value for the shareholders. There is great expectation as to the new steps being given by the company.

However, few risk spreading their hunches. But one thing is certain: the overwhelming majority of Brazilians twists and wants the state to recover and return to contributing decisively to the development of the Brazilian oil industry.

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