1 Minute Read FILE PHOTO: The Petrobras oil company’s emblem is visible at its headquarters in Rio de Janeiro, Brazil, on October 16, 2019. REUTERS/File Photo/Sergio Moraes SAO PAULO, Brazil (Reuters) – Petrobras, the state-controlled oil corporation in Brazil, has raised 11.36 billion reais ($2.3 billion) from the sale of its stock in fuel distributor Petrobras Distribuidora SA, according to a source familiar with the situation. The secondary share offering was priced at 26 reais per Petrobras Distribuidora share, a 2.5 percent decrease from the previous day’s close of 26.68 reais. (1 reais = 4.9701 dollars) Tatiana Bautzer contributed reporting, while Christian Schmollinger edited the piece./n
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