November 21, 2019 / 12:25 PM / 19 days ago

Brazil's BR Distribuidora says injunction blocks voluntary severance program

SAO PAULO, Nov 21 (Reuters) - Brazilian fuel distributor Petrobras Distribuidora SA said an injunction had blocked its voluntary severance program, according to a filing on Thursday.

The company, known as BR Distribuidora, said it was taking all legal steps to ensure the rights of employees who had enrolled in the program. The injunction comes less than four months after BR Distribuidora was privatised through a share offering.

Reporting by Carolina Mandl; Editing by Edmund Blair

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below