Braskem SA Continues Discussions with Petroquímica Verde Fund for Stake Divestment Despite Expired Exclusivity Period
Braskem S.A. is in ongoing discussions with Novonor S.A. regarding the divestment of its stake, despite the expiration of a 90-day exclusivity period. This follows a proposal from Petroquímica Verde Fundo de Investimentos received on May 23, 2025. Braskem will provide updates on significant developments related to this matter.
Braskem S.A. has announced that Novonor S.A. is still in discussions regarding the divestment of its stake in the company. This follows the receipt of a proposal from Petroquímica Verde Fundo de Investimentos on May 23, 2025. Despite the expiration of the 90-day exclusivity period for negotiating the terms and conditions of the proposal, Novonor remains engaged in talks with the fund. Braskem will continue to provide updates on any significant developments. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Braskem SA published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001292814-25-003140), on August 22, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
