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