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Petrobras Sheds US$24B in Value on Lula Win

Rio TimesBrazil · SOUTH AMERICA

Brazil’s Petrobras fell from US$159.8 billion to US$135.6 billion in one session after Lula’s re-election, as the real weakened and dividends stayed scheduled. The post Petrobras Sheds US$24B in Value...

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Brazil’s Petrobras fell from US$159.8 billion to US$135.6 billion in one session after Lula’s re-election, as the real weakened and dividends stayed scheduled.

The post Petrobras Sheds US$24B in Value on Lula Win appeared first on The Rio Times.

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