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The Nexus
BUSINESSJun 16 · 11:13 UTCTHE RIO TIMESJavier Mendoza

Colombia’s State Oil Giant Moves to Take Over a Brazilian Producer

Colombia’s state-controlled oil company, Ecopetrol, is moving to take control of Brazilian producer Brava Energia by aiming for a 51% stake in voting shares through a tender offer on Brazil’s stock exchange.

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