Braskem petrochemistry faced financial challenges due to industry downturn and environmental disaster, but now even its strong financial reserves are being depleted. Moody’s and Fitch downgraded…
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Braskem announced on Friday that the exclusive period for negotiating the sale of company control to Nelson Tanure has expired. Until Thursday, there was complete silence…
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AnalysisFundamental Analysis
At Braskem, asset sales are not prioritized over selecting the new controller.
Braskem is considering selling some of its factories to address its financial crisis, but the main asset up for sale at negotiation tables is the company…
