October 10, 2019 / 11:01 PM / 5 days ago

Braskem says court denies injunction sought by labor prosecutors

SAO PAULO, Oct 10 (Reuters) - Braskem, Latin America’s biggest petrochemical company, said on Thursday that a Brazilian court rejected an injunction sought by labor prosecutors, including a requested freezing of 2.5 billion reais ($608 million) in funds.

Braskem is jointly owned by engineering conglomerate Odebrecht and state-run oil company Petrobras. (Reporting by Aluisio Alves; Editing by Sandra Maler)

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