Brazil court overturns Rezende's suspension from Petrobras board [Reuters]
Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR.A)
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Source: Reuters
Machado Rezende from the board of directors of state-run oil company Petrobras (PETR4.SA) New Tab , opens new tab , according to a ruling seen by Reuters on Monday. Rezende had been suspended from the board by a Sao Paulo court over "alleged failure to comply with the requirements of the company's bylaws in the appointment." The same court also suspended Petrobras chair Pietro Sampaio Mendes from his role. The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here. Reporting by Ricardo Brito; Editing by Kylie Madry Our Standards: The Thomson Reuters Trust Principles. New Tab , opens new tab
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