PETRÓLEO BRASILEIRO
PETR4
 End-of-day quote - 03/08 |
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| 21.1BRL | -5.76% |
Petróleo Brasileiro S A Petrobras : Brazil's CVM watchdog opens second probe into Petrobras shakeup
| 02/23/2021 | 01:36pm |
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BRASILIA (Reuters) - Brazil's market regulator CVM said on Tuesday it has opened a second investigation into the announced shakeup at state-controlled oil giant Petrobras, which triggered a two-day share selloff that wiped more than 100 billion reais ($18.3 bln) off its value.
CVM on Monday had announced the opening of an investigation on the change of leadership that Brazilian President Jair Bolsonaro announced on Friday in a social media posting. The commission said it opened a second investigation in response to an investor's complaint.
($1 = 5.47 reais)
(Reporting by Anthony Boadle)
© Reuters 2021
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