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Stock impact report

Brazil's Petrobras to pay $283 million to settle U.S. court dispute with EIG [Yahoo! Finance Canada]

Petroleo Brasileiro S.A. Petrobras American Depositary Shares representing Preferred Shares (PBR.A) 
US:NYSE Investor Relations: investidorpetrobras.com.br/en
dispute with EIG Energy Fund XIV, including a $283 million payment by the Brazilian company. In a securities filing, Petrobras said the amount of the contingency is provisioned in its earnings. The case is related to EIG's investment in FIP Sondas, a former shareholder of drillship company Sete Brasil. (Reporting by Andre Romani) Recommended Stories Show less Read more
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