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Blackrock reports ownership of 5 percent of Petrobras’ preferred shares

FILE PHOTO: A sign for BlackRock Inc hangs above their building in New York U.S., July 16, 2018. REUTERS/Lucas Jackson/File Photo

SAO PAULO (Reuters) – Blackrock Inc (BLK.N) has reported owning 5 percent of preferential shares in Petroleo Brasileiro SA (PETR4.SA), the state-run oil company said in a statement on Wednesday.

Blackrock has no intention of interfering with the “management structure” of Petrobras, the company said, citing communications with the New York investment firm.

Reporting by Gram Slattery; Editing by Toby Chopra

http://feeds.reuters.com/~r/reuters/businessNews/~3/w12ZD_MZRuY/blackrock-reports-ownership-of-5-percent-of-petrobras-preferred-shares-idUSKCN1NJ1GW

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