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Yukako
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Wow Anas this was so interesting. I always knew them as giants in the industry but had no idea that the government had such a strong influence on them. The policy sounds pretty extreme… I wonder how much say Petrobras management and the other shareholders had when the legislation was first enforced in 2010?
Thanks for the great post Preeya. I know a lot of the players in the industry are struggling to diitalize, and it was interesting to learn what’s behind FT’s success in the mission. It created a lot of buzz in Japan when Nikkei announced that they were acquiring FT from Pearson. A lot of people were surprised by the news, but I guess it makes sense in that they both share the same strategy and success in their aggressive investment in digitalization.