ADNOC makes fresh bid to buy stake in Brazil's Braskem
Brazilian petrochemical producer Braskem said on Thursday that Abu Dhabi's oil company ADNOC (ADNOC.UL) has presented a fresh non-binding offer to buy conglomerate Novonor's stake in the firm.
Braskem: Glad I Sold After A 27.8% Negative RoR
I sold my position in Braskem after the involvement of Novonor and Petrobras in a recent deal. My strategy of selling and rotating at the right time has protected my profits and capital in the past...
Braskem: A Speculative Bet On A Cycle Downturn
Braskem faces challenges within the petrochemical economic cycle, with product spreads below historical averages and complex stake sale negotiations. Novonor's exit from Braskem's control is uncert...
Brazil's Petrobras does not intend to sell Braskem stake, report says
Brazilian state-run oil company Petrobras is not planning to sell its 36% stake in petrochemical firm Braskem , newspaper Valor Economico reported on Thursday, citing unnamed sources.
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