76.4 F
Laguna Hills
Monday, Jun 22, 2026

Brazil Oil Firm Petrobras Plans $65 billion Stock Sale

Brazilian state oil company Petrobras will sell up to $64.5 billion in new stock—one of the largest sales in capital markets history—to raise funds for the world’s biggest oil exploration investment plan.

*For more on this story, read the full Reuters article.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Would you like to subscribe to Orange County Business Journal?

One-Year for Only $99

  • Weekly in-depth coverage in print and digital formats
  • Special Features: OC's Wealthiest, Top Priced Home Sales, Giving Guide, OC500, Charity Event Guide, Best Places to Work, Indispensables, Largest Charitable Gifts
  • The annual Book of Lists: Orange County's top companies across every industry

Featured Articles

Related Articles