Petrobras Plans to Raise $75 Billion in Biggest Sale

Friday, September 3rd, 2010

Petroleo Brasileiro SA, Latin America’s largest company by market value, plans to raise as much as 129 billion reais ($75 billion) in the world’s largest share sale as it seeks cash to develop offshore oil fields. The shares rose 4.4 percent for the biggest gain since May. Find more info about ...