Petrobras advances on its intention to sell Braskem shares

Petrobras advances on its intention to sell Braskem shares
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20.12.2021

MOSCOW (MRC) -- Brazil's state-controlled oil producer has taken a step closer to selling its stake in the Braskem petrochemicals business after the board approved a share offering, reported Bloomberg Law.Rio de Janeiro-based Petrobras can sell up to 100% of its preferred Braskem shares in a follow-on offering, it said in a filing Thursday. Petrobras also signed a term sheet to migrate t

Full article at mrcplast.com

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