September 5, 2017 / 12:08 PM / 10 months ago

Petrobras fuel unit approves new bylaws ahead of planned IPO

BRASILIA, Sept 5 (Reuters) - BR Distribuidora SA, the fuel distributing unit of Brazil's state-controlled oil company Petróleo Brasileiro SA, approved new bylaws ahead of a planned initial public offering, the company said in a statement on Tuesday.

BR Distribuidora will have its shares listed on Brazil's strictest listing market segment after the offering, Petrobras, as the company is commonly know, said in a statement. The IPO is has been expected by early December. (Reporting by Silvio Cascione)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below