Home UPDATE 2-Brazil's Odebrecht mulls sale of Braskem's stake -sources
 

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UPDATE 2-Brazil's Odebrecht mulls sale of Braskem's stake -sources

2016-03-12 04:53:43| Chemicals - Topix.net

Grupo Odebrecht SA , Latin America's largest engineering conglomerate, is considering selling its stake in petrochemical producer Braskem SA, according to three sources with direct knowledge of the situation. Odebrecht, controlled by the namesake millionaire Brazilian family, could exit Braskem in a joint transaction with state-controlled oil producer Petroleo Brasileiro SA, said the sources, who requested anonymity because the plan remains under study.

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