By Jeffrey T. Lewis


SÃO PAULO--Novonor informed Brazilian chemical company Braskem that it will study an offer made on Saturday by Unipar Carbocloro to buy 34% of Braskem from Novonor.

Novonor, the construction and engineering company formerly known as Odebrecht, owns 38% of Braskem and Petroleo Brasileiro, or Petrobras, owns 36%.

Novonor informed Braskem that no decision has been made yet on the offer by Unipar.


Write to Jeffrey T. Lewis at jeffrey.lewis@wsj.com


(END) Dow Jones Newswires

06-12-23 0908ET