Brazil's state-run oil company Petrobras is considering increasing its stake in Braskem, a petrochemical company, to facilitate its sale, according to a source. This move is part of Petrobras' ongoing efforts to restructure its business. The potential increase in stake aims to attract potential buyers for Braskem, which could help Petrobras in divesting its non-core assets.
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This is a pretty fair article describing the twists and turns that we can expect as we move forward on this Colorado decision. I suggest you read it to learn what could possibly happen. https://t.co/ocKRQ4o1U7
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Brazil's Petrobras could increase stake in Braskem to facilitate sale -source https://t.co/lmVgxvAkDK https://t.co/vV5FHOlEER