LyondellBasell makes bid to acquire Braskem

LyondellBasell made a bid to acquire Brazilian polyolefins producer Braskem, valuing it at R$41.5 billion ($11.4 billion). The proposal was presented to Odebrecht, which owns a 50.1% voting stake, and requires approval from Petrobras.

“LyondellBasell valued Braskem at real (R) 41.5bn ($11.4bn) in a bid it made to acquire the Brazilian polyolefins producer.”polyestertime.com

• 1 source
• polyestertime.comLyondellBasell makes bid to acquire Brazil Braskem – report – LyondellBasell acquire Brazil Braskem - ArhiveMay 24, 2018

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