SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 24.Jul.2025, Words: 241) — Petrobras, in relation a petition filed with the Administrative Council for Economic Defense (CADE), has requested to join as a third party in the merger review proceedings evaluating the possible purchase of shares in NSP Inv., a subsidiary of Novonor S.A., which controls Braskem S.A., by Nelson Tanure.
According to the rules set forth in the Braskem shareholders’ agreement, entered into between Petrobras and Novonor, Petrobras has preemptive and tag-along rights in the event of a direct or indirect sale of the shares held by Novonor in Braskem.