Petros Buys 4.88% of Itausa for About 3.1 Billion Reais

Petros, the pension fund for employees of state-run oil producer Petroleo Brasileiro SA, said it bought 4.88 percent of Itausa - Investimentos Itau SA at an auction for about 3.1 billion reais, or 14.48 reais per voting stock.

Petros disclosed the purchase in an e-mail statement.

To contact the editor responsible for this story: Carlos Caminada at

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