14.11.2018 kl 14:20 385

Blackrock Reports 5% PBR(A) Position
Preferred in Petrobras' case means non-voting. It is common stock in all other respects.

Blackrock reports ownership of 5 percent of Petrobras' preferred shares
ReutersNovember 14, 2018 06:09 AM ET

SAO PAULO (Reuters) - Blackrock Inc has reported owning 5 percent of preferential shares in Petroleo Brasileiro 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)