Braskem Denies Ongoing Sale Negotiations Amid Media Reports

Reuters
2025.12.04 11:03
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Braskem S.A. clarified it is not engaged in any sale negotiations, despite media reports. Novonor confirmed ongoing talks with IG4 Solutions LLC, but no exclusivity agreement has been signed. Petrobras is not involved in these negotiations. Braskem will update the market on any developments. This AI-generated news is for informational purposes only and not financial advice.

Braskem S.A. issued a clarification in response to media reports about a potential sale of the company. Braskem stated it is not aware of the information reported in the news and is not engaged in any negotiations for the sale of the company. The company sought clarification from its shareholders, with Novonor confirming that negotiations are ongoing with IG4 Solutions LLC regarding a possible exclusivity agreement, but no documents have been signed and there is no guarantee of an agreement. Petrobras clarified it is not involved in the reported negotiations and has made no decision regarding its stake in Braskem. Braskem will continue to update the market on any material developments. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Braskem SA published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001292814-25-004156), on December 04, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here