Petrobras Distribuidora SA

Petrobras brings in Merrill to help in $5 billion selloff plan-sources

Indebted Brazilian oil company Petrobras (PETR4.SA) has brought in Bank of America Merrill Lynch (BAC.N) to help manage a multi-billion dollar divestment plan and has already contacted major oil companies who might be interested buyers, three sources familiar with the matter said on Wednesday.

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