Petrobras

BRIEF-Brazil’s Petrobras says Dodge & Cox sells shares

State-led oil company Petroleo Brasileiro SA :

* Petrobras, as the company is known, said in a filing on Monday that investment fund Dodge & Cox reduced to less than 5 pct its control of equivalent preferred shares in the company

* With the sale of Petrobras American Depository Receipts (ADRs) by Dodge & Cox on Aug. 29, the fund will no longer be considered a relevant shareholder of Petrobras stock (Reporting by Reese Ewing and Gustavo Bonato)

Categories: Petrobras

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