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Petrobras CEO Prates ousted by Lula after dividend dispute (NYSE:PBR)

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Wagner Mayer/Getty Images News

Petrobras (New York Stock Exchange: BBR) -6.9% Post-market on Tuesday following news that CEO Jean-Paul Prats was… Disqualified He will be replaced by Brazilian President Luiz Inacio Lula da Silva, and Magda Chamberillard, former head of the Brazilian oil and gas regulator ANP.

Pratts became CEO of

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