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Likely Centrist Brazil Presidential Contender Says He Would Sell Petrobras

The governor of Sao Paulo and likely centrist presidential candidate Geraldo Alckmin said on Monday that he would privatize Brazil's state-run oil company Petroleo Brasileiro SA if he wins the elections in October. Alckmin, who has single digit support in opinion polls, said during a television interview with Band TV that he favored private ownership of Petrobras, as Brazil's biggest company is known, as long as the sale was conducted within a strict regulatory framework. Once...

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