Braskem’s Creditor Banks Willing to Take Its Control: Estado

Oct. 3, 2025, 10:21 AM UTC

Creditor banks are willing to become shareholders of Braskem in the next 60 days even without consensus with Novonor, Coluna do Broadcast, published by O Estado de S. Paulo, reports without saying how it got the information.

  • They don’t rule out taking over the shares that were given as collateral for loans to former Odebrecht
  • Banks and Novonor didn’t comment on the matter; Braskem didn’t respond request for comment: Estado
  • NOTE: Petrobras Escalates Chemical Giant Braskem’s Crisis to Board
  • NOTE: Braskem: Novonor Says Talks With Verde Are Ongoing
  • NOTE: Banks Want Plan to Manage Braskem Within 90 days: Estado ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.