Announced
Financials
Sources
Tags
Public
Pending
Friendly
Acquisition
Cross Border
Minority
Brazil
chemical products
Plastics
plastic resins
plastics manufacturing
Single Bidder
Synopsis
ADNOC, the state-owned oil company of the United Arab Emirates, offered to acquire a 38.3% stake in Braskem, a polyolefins producer in the Americas, from Novonor, a provider of products and services for engineering, infrastructure, construction, petrochemical and sugar-energy sectors, for $2.14bn.
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