Exclusive: Petrobras hires JPMorgan for asset sales, sources say

SAO PAULO/NEW YORK (Reuters) – PetrĂ³leo Brasileiro SA has hired JPMorgan Chase & Co to manage $3 billion in planned asset sales for this year, as fallout from a corruption scandal shuts access to financing for Brazil’s state-controlled oil producer, two sources with direct knowledge of the situation said on Wednesday.

Source: Business

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