---
title: "Braskem majority stake sale advances as Novonor signs deal to sell to IG4"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283401684.md"
description: "Braskem's majority stake sale progresses as Novonor and NSP Investimentos finalize a deal to transfer control to IG4 Capital's Shine I fund. Braskem's shares rose 1.7% following the announcement. The share transfer is expected to complete within 30 days, pending legal approvals. Additionally, Shine I and Petrobras are set to establish a new shareholders' agreement. Petrobras, holding 47% of Braskem's voting shares, is reviewing the transaction terms before making a decision on its waiver rights. The agreement outlines the sale of shares representing approximately 50.1% of Braskem's voting shares."
datetime: "2026-04-20T21:01:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283401684.md)
  - [en](https://longbridge.com/en/news/283401684.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283401684.md)
---

# Braskem majority stake sale advances as Novonor signs deal to sell to IG4

Braskem (BAK) up 1.7% in Monday's trading as the Brazilian petrochemical ‌company said Novonor and NSP Investimentos signed an agreement to sell control of the company to private equity fund Shine I, which is controlled by asset manager IG4 Capital, Reuters reported. IG4 confirmed the deal in a separate statement, saying the transfer of shares is ​...

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