IG4 Capital to acquire a 34.323% stake in Braskem from Novonor for BRL20bn.

Synopsis

IG4 Capital, a Brazilian alternative asset management firm, agreed to acquire a 34.323% stake in Braskem, a polyolefins producer, from Novonor, an investment management company, for BRL20bn.

Principals

target

BRASKEM

bidder

Ig4 Capital

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Market Context

MergerLinks - IG4 Capital to acquire a 34.323% stake in Braskem from Novonor for BRL20bn.