Braskem says Novonor considering secondary share offering

MOSCOW (MRC) -- Brazilian industrial conglomerate Novonor is considering exiting its majority stake in petrochemical company Braskem SA via a secondary share offering, said Reuters. Novonor, formerly known as Odebrecht, had previously organized a competitive merger and acquisition process in an attempt to attract bidders for its stake in Braskem. After that process failed, various media o

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