Braskem

Petrobras says Braskem corporate solution is well advanced

Petrobras President Magda Chambriard stated that Braskem's corporate restructuring is well underway, with a new shareholders' agreement possible this year. The negotiations involve transferring control of the petrochemical firm from Novonor to IG4 manager, but adjustments with Petrobras are still needed. Braskem shares rose on Wednesday due to progress in the talks.

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