23-05-2025
Brazil's Novonor confirms Tanure's offer for controlling stake in Braskem
SAO PAULO, May 23 (Reuters) - Brazilian businessman Nelson Tanure has made an offer to acquire a controlling stake in Braskem ( opens new tab, a securities filing showed on Friday, confirming local media and Reuters reports that cited sources earlier in the day.
The tycoon is looking to acquire conglomerate Novonor's ( stake in Braskem for an undisclosed value, according to the filing released by the petrochemical firm, which cited a letter it received from Novonor.
Tanure and Novonor signed an exclusivity agreement to discuss the terms and conditions of the proposal, the filing added.