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Brazilian Oil Producer Prio Executes Strategic Financial Move for Major Growth

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In a significant financial restructuring, Brazilian energy company Prio has increased its social capital by R$ 2 billion (approximately $380 million). This was not a cash infusion from new investors but an internal reclassification, moving existing reserves to formally reinforce the company’s capital base. While the maneuver does not immediately change Prio’s cash position, it […]














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