BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 26.Mar.2025) — Petrobras reiterated that no decision has been made regarding its participation in Braskem.
This, after a recent article was published in the Brazilian newspaper Valor Econômico titled “Creditor banks and Petrobras negotiate shareholder agreement at Braskem.“
“Petrobras conducted due diligence at Braskem for the possible exercise of tag along or preemptive rights, in the event of the sale of shares held by Novonor in Braskem, as provided for in the Shareholders’ Agreement between Petrobras and Novonor, and continues to study alternatives,” Petrobras said on 26 Mar. 2025 in an official statement.
Petrobras reaffirms that decisions on investments and divestments are based on thorough analyses and technical studies, in compliance with governance practices and applicable internal procedures, the company said.
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By Aaron Simonsky reporting from Belize City. © 2025 Energy Analytics Institute (EAI). All Rights Reserved.
