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Brazil's Braskem says Odebrecht denies acquisition proposal from LyondellBasell
Posted on Thursday May 24, 2018
Brazilian construction firm Odebrecht SA on Thursday denied receiving a proposal from LyondellBaseel Industries NV to buy its controlling stake in Brazilian petrochemical company Braskem SA, Braskem said ...
LyondellBasel valued Braskem at $11.4 billion in offer - report
Posted on Thursday May 24, 2018
LyondellBasell Industries has valued Brazilian petrochemical company Braskem SA at 41.5 billion reais ($11.4 billion) in an offer to Brazilian conglomerate Odebrecht SA months ago, newspaper Valor Econômico reported on Thursday. LyondellBasell made the offer in February but talks stalled in early May, the paper reported, as the conglomerate tries to refinance its debt with Brazilian lenders. The paper said Lyondell was being advised by Morgan Stanley, and Odebrecht by Lazard Ltd.
Edited Transcript of BRKM5.SA earnings conference call or presentation 10-May-18 4:00pm GMT
Posted on Thursday May 17, 2018
Q1 2018 Braskem SA Earnings Call
Brazil's Braskem to talk new naphtha contract with Petrobras- CEO
Posted on Thursday May 10, 2018
Braskem SA will soon start to negotiate a long-term contract to buy naphtha from its shareholder Petroleo Brasileiro SA, the chief executive of the Brazilian petrochemical company said on Thursday. Braskem CEO Fernando Musa said the current five-year supply contract, which is one of the largest held by Braskem with state-controlled Petrobras, ends in 2020.