Brazil’s state-run oil company Petrobras said on Feb. 24 that its board approved settlements with investors in four more lawsuits in a U.S. federal court in New York.In a securities filing, Petrobras said the new settlements would raise total provisions for the lawsuits to $372 million in the fourth quarter, $8 million above the quarter ended in September.
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Source: Daily Dose of ShaleDirectories.com News