Brazilian state-run oil firm Petrobras declined to exercise waiver rights regarding Novonor's controlling stake sale in petrochemical firm Braskem to private equity fund Shine I. A new shareholders ag
reuters · 2026-04-23 16:35
Novonor signed an agreement to sell its controlling stake in Brazilian petrochemicals producer Braskem to an IG4 Capital-backed fund. This transaction marks a significant step in Braskem's efforts to
bloomberg · 2026-04-20 08:36
IG4-backed funds acquired over half of Braskem's voting capital from Novonor via a debt-for-equity exchange to restructure the Brazilian polymers major amid financial stress. The deal aims to stabiliz
icis · 2026-04-20 00:00
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