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Tuesday, May 14, 2013

Market Chatter-Corporate finance press digest, (NYSE: PBR), (NYSE: PBR-A)

The following corporate finance-related stories were reported by media on Tuesday: * Brazil's state-controlled oil firm Petroleo Brasileiro Petrobras SA launched an $11 billion international bond sale, sources said on Monday, in what may become the largest-ever bond offering by a Latin American company.* British water company Severn Trent Plc could be the target of a 5.3-billion-pound ($8.13 billion) takeover offer by a consortium led by Canadian infrastructure investor Borealis and the Kuwait Investment Authority, the Financial News reported on Monday.

Petroleo Brasileiro SA Petrobras (Petrobras) is a Brazil-based integrated oil and gas company. Shares of PBR fell by 0.16% or $-0.03/share to $18.84. In the past year, the shares have traded as low as $14.40 and as high as $24.83. On average, 16914900 shares of PBR exchange hands on a given day and today's volume is recorded at 10174476.

Petroleo Brasileiro SA Petrobras (Petrobras) is a Brazil-based integrated oil and gas company. Shares of PBR-A fell by 0.61% or $-0.12/share to $19.48. In the past year, the shares have traded as low as $16.54 and as high as $23.88. On average, 8307540 shares of PBR-A exchange hands on a given day and today's volume is recorded at 7520504.



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