Blackrock reports ownership of 5 percent of Petrobras’ preferred shares

SAO PAULO (Reuters) – Blackrock Inc (N:) has reported owning 5 percent of preferential shares in Petroleo Brasileiro SA (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.

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