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Braskem SA (BRKM5.SA)

BRKM5.SA on Sao Paulo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

LyondellBasell And Odebrecht S.A. End Discussions Regarding Braskem Acquisition
Tuesday, 4 Jun 2019 

June 4 (Reuters) - LyondellBasell Industries NV ::LYONDELLBASELL AND ODEBRECHT S.A. END DISCUSSIONS REGARDING BRASKEM ACQUISITION.LYONDELLBASELL INDUSTRIES NV - DECIDED NOT TO PURSUE TRANSACTION.LYONDELLBASELL INDUSTRIES NV - "AFTER CAREFUL CONSIDERATION, WE JOINTLY DECIDED NOT TO PURSUE TRANSACTION".LYONDELLBASELL INDUSTRIES NV - ENDED DISCUSSIONS WITH ODEBRECHT S.A. CONCERNING POTENTIAL ACQUISITION OF BRASKEM.LYONDELLBASELL INDUSTRIES - INTEND TO EXPEDITE SHARE REPURCHASE PROGRAM, WHICH CURRENTLY ALLOWS FOR REPURCHASE OF UP TO 37 MILLION OF OUTSTANDING SHARES.LYONDELLBASELL - HAS ENDED DISCUSSIONS WITH ODEBRECHT S.A. CONCERNING POTENTIAL ACQUISITION OF BRASKEM.  Full Article

LyondellBasell makes takeover approach to Braskem - WSJ
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Braskem Sa :LyondellBasell makes takeover approach to Braskem - WSJ, citing sources.LyondellBasell deal could value the brazilian petrochemical company at well over $10 billion- WSJ‍​.  Full Article

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Brazil appeals court judge lets Odebrecht creditors seize Braskem shares

SAO PAULO A Brazilian appeals court judge has allowed bank creditors of Odebrecht SA [ODBESF.UL] to take possession of shares in petrochemical company Braskem SA pledged as collateral for loans they made to the corruption-ensnared conglomerate, according to a document seen by Reuters.