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Exclusive: Brazil's Bolsonaro would not sell Petrobras in short term

October 10, 2018 9:46 PM
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RIO DE JANEIRO (Reuters) - The far-right front-runner in Brazil’s presidential election, Jair Bolsonaro, has no plans to privatize oil company Petroleo Brasileiro SA (PETR4.SA) in the short term if elected, the president of his party told Reuters on Wednesday.

Gustavo Bebianno said the sale of Petrobras, Brazil’s largest corporation, could still be considered in the medium term, but only after the company had been fully “revitalized” by changing its management.

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