# Unipar offers BRL10 billion for 34.4% stake in Braskem from Novonor

Unipar Carbocloro SA offered to acquire a 34.4% stake in Braskem SA from Novonor for BRL10 billion (US$2 billion), with Novonor retaining a 4% minority stake.

- Type: Acquisition
- Announced: 2023-07-10
- Where: Brazil
- Value: $2.00B (10.0B BRL)
- Status: announced
- Products: chlorine, caustic soda, PVC, thermoplastic resins, polypropylene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Braskem](https://endata.com/companies/1071.md) (target)
- [Unipar Carbocloro SA](https://endata.com/companies/71327.md) (acquirer)
- [Novonor](https://endata.com/companies/71328.md) (partner)

## Sources

- [infrapppworld.com](https://www.infrapppworld.com/update/unipar-offer-for-controlling-stake-in-braskem), 2023-07-10: "Brazilian company Unipar Carbocloro SA has offered to acquire a 34.4% stake in Braskem SA from Novonor for BRL10 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.