By Benjamin Horney ( March 17, 2015, 6:49 PM EDT) -- State-owned oil producer Petroleo Brasileiro SA has hired "several" investment banks to assist in the sale of almost $14 billion worth of assets, including gas stations, oil field stakes and electricity investments, according to a Tuesday report from Reuters. According to the report, Rio de Janeiro-based Petrobras has decided to sell the $13.7 billion in assets as "fallout" from the country's biggest-ever corruption scandal. December reports speculated that Petrobras was planning to sell debt this year....
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