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Showing posts with label Brazilian investment bank. Show all posts
Showing posts with label Brazilian investment bank. Show all posts

Sunday, June 16, 2013

Petrobras Sells $1.8 Billion in Assets to Esteves’ BTG, Cemig

Petroleo Brasileiro SA, the world’s most indebted oil company, sold $1.83 billion in assets to billionaire Andre Esteves’ Banco BTG Pactual SA (BPAC3) and to Cia. Energetica de Minas Gerais as it seeks to raise cash.