BRASILIA - 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) REUTERS
Tuesday 2 March 2021
todayonline - 6 days ago
Brazil s CVM watchdog opens second probe into Petrobras shakeup
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