Petrobras company building
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Petrobras raises $70bn in record share offering

24 September 2010 Last updated at 09:31 BST

Brazil's state oil company Petrobras has raised $70bn (£44.7bn) in the world's largest public share offering.

The offer was oversubscribed, with sovereign wealth funds from Middle East and Asia taking part.

Paulo Cabral reports from Sao Paulo.