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Brazil's Petrobras seeks permission to list fuel distribution unit
October 16, 2017 / 11:42 PM / a month ago

Brazil's Petrobras seeks permission to list fuel distribution unit

RIO DE JANEIRO (Reuters) - Brazil’s state-run oil company Petroleo Brasileiro (PETR4.SA) said on Monday it has requested permission from the country’s securities regulator CVM to list fuel distribution unit BR Distribuidora.

Brazil's state-run oil company Petrobras LPG fuelling stations are seen in the Guanabara bay in Rio de Janeiro, Brazil October 7, 2017. REUTERS/Pilar Olivares

The company said it was seeking permission for a secondary offering of ordinary shares in Brazil.

Reporting by Roberto Samora; Editing by Chizu Nomiyama

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