Petrobras stake: Billionaire financier George Soros

Soros cuts Petrobras stake

Billionaire George Soros cut his stake in his biggest holding, Petrobras, in the second quarter while buying more shares of other energy producers.

14 August 2009 22:23 GMT Updated 14 August 2009 22:23 GMT

By Claudia Perez Rivas

Soros’s biggest sale in the second quarter was his stake in ConocoPhillips, the second-largest US refiner after he sold 4 million shares.

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