June 4, 2019 / 10:48 AM / in a month

LyondellBasell ends talks with controlling shareholder to buy Braskem

June 4 (Reuters) - Chemical maker LyondellBasell Industries NV on Tuesday said it had ended talks with Braskem SA’s controlling shareholder related to the acquisition of the Brazilian petrochemical giant.

The company said it ended talks with Odebrecht SA “after careful consideration” but did not elaborate further. (Reporting by Debroop Roy in Bengaluru; Editing by Shailesh Kuber)

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