Abu Dhabi National Oil Company (Adnoc) has proposed to buy a significant share of Braskem, the top petrochemical firm in Latin America, for $2.15 billion. Braskem acknowledged the offer to the São Paulo exchange, labeling it as tentative. The deal could shift Novonor’s 35.3% stake to Adnoc, leaving Novonor with a minor 3% share. Adnoc’s […]
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