Who are the new co-controllers of Braskem, and what are their respective voting share stakes?

IG4 Capital, through its investment fund Shine, holds 50.1% of Braskem's voting shares, while Petrobras holds 47% of the voting shares; Novonor retains 4% of non-voting shares. IG4 and Petrobras are now confirmed co-controllers under a shared controlling agreement that entered into effect upon completion of the April deal.

What key governance changes follow the completion of the IG4–Petrobras deal for Braskem?

Braskem will hold a shareholders' meeting on June 8 to elect new board members, and Petrobras CEO Magda Chambriard has been chosen as Braskem's chair in a previous shareholders meeting; the shared controlling agreement between IG4 and Petrobras is now in effect, marking the formal start of the new governance structure.

IG4, Petrobras confirmed as co-controllers of Brazil's Braskem, concluding April deal

Jun 3, 2026

IG4 Capital and Petrobras completed their April deal to become co-controllers of Brazilian petrochemical firm Braskem. IG4 holds 50.1% of voting shares while Petrobras retains 47%, signaling a major governance shift for the struggling chemical producer.

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