The Templeton Global Emerging Markets Fund, managed by Mark Mobius for investors in Brazil, has sold its shares of Petrobras. Some of the other funds managed by Mr. Mobius available to investors outside of Brazil retain some shares of Petrobras. "Petrobras Is No Longer a Buy for Emerging-Markets Investor Mobius," at 3:10 p.m. ET on Feb. 5, incorrectly reported in the eighth paragraph that Templeton had sold all Petrobras shares, based on comments by Mr. Mobius and confirmation from a company spokesman. (Feb. 10, 2016)

 

(END) Dow Jones Newswires

February 10, 2016 14:34 ET (19:34 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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