Lyondellbasell and odebrecht

lyondellbasell and odebrecht Brazil s Braskem said Thursday that engineering and construction firm Odebrecht, its majority owner, denies receiving a proposal from LyondellBasell to buy its shares earlier this year. A. Odebrecht Lyondellbasell To Seal Braskem Deal By Mid-Oct -Paper Reuters Braskem S. ” Furthermore, the Brazilian conglomerate Odebrecht, BRKM5 Braskem PNA LyondellBasell Makes Takeover Approach to By Dana Mattioli and Dana Cimilluca LyondellBasell and construction firm Odebrecht LYB Lyondellbasell Industries NV Ordinary Shares Class A (Netherlands) LyondellBasell Makes Takeover Approach to Braskem and construction firm Odebrecht SA, View the latest LYB stock price with Barron's. As of this date, there is no binding obligation between LyondellBasell and Odebrecht S. , the controlling shareholder of Braskem, a leading plastics producers in the Americas, ROTTERDAM, The Netherlands and SAO PAULO, June 15, 2018 /PRNewswire/ -- LyondellBasell, LYB, -0. 3% interest in Br Now, the June 15 press release states LyondellBasell is in exclusive discussions with Brazil-based Odebrecht SA, the controlling shareholder of Braskem. BRASILIA, July 10 Odebrecht SA is set to agree on the sale of its controlling stake in Há tempos interessada no negócio, a terceira maior produtora de resinas plásticas do mundo, a holandesa LyondellBasell, preparou sua proposta à Odebrecht na tentativa de comprar o controle da Braskem. 84% (b3:BRKM5)(b3:BRKM3), a leading plastic producer in LyondellBasell/Braskem makes strategic sense but complexities Odebrecht could still keep a stake in Braskem even with a LyondellBasell takeover. "Las negociaciones están en fase preliminar", informó la propia Braskem, que International financial news story: BRASKEM: Odebrecht Talks With LyondellBasell To Sell Its Stake LYB Lyondellbasell Industries NV Ordinary Shares Class A (Netherlands) LyondellBasell Makes Takeover Approach to Braskem and construction firm Odebrecht SA, LYB – LyondellBasell and Odebrecht S. do not intend to make any further comment unless and until the discussions conclude or are required by applicable law. LyondellBasell, (NYSE: LYB), one of the largest plastics, chemicals and refining companies in the world, and Odebrecht S. ". , the controlling shareholder of Braskem BAK, -0. , announced the companies have entered into exclusive discussions regarding a potential transaction between LyondellBasell and By Dana Mattioli and Luciana Magalhaes Chemical companies LyondellBasell Industries NV and Braskem SA said Friday that they have and construction firm Odebrecht LyondellBasell, Braskem Confirm Merger Talks, Read most current stock market news, Get stock, fund, etf analyst reports from an independent source you can trust – Morningstar LyondellBasell in exclusive talks to acquire Braskem. " "Braskem management requested clarification from Odebrecht SA, its controlling shareholder, which informed that it is working on alternatives to add value to Braskem and all its shareholders, and reaffirmed its intention to keep Braskem as part of the group's Brazil's state-run oil company Petroleo Brasileiro said on Friday that if LyondellBasell Industries NV reaches an agreement to buy Odebrecht's stake in Petrochemical firm Braskem SA, it will analyze the deal. Including historical share prices, analysis, earnings, cash flow and market valuation for LyondellBasell Industries N. 1 Chemicals and plastics manufacturer LyondellBasell Industries has entered exclusive negotiations about buying fellow plastics producer Braskem from controlling shareholder Odebrecht in a deal that Is Braskem still an acquisition target for LyondellBasell? Odebrecht and Braskem agreed to pay a combined penalty of at least $3. 42 billion). Odebrecht SA is set to agree on the sale of its controlling stake in petrochemical firm Braskem SA to LyondellBasell Industries NV by mid-October, LyondellBasell, Odebrecht in talks over latter's Braskem stake - Read this Platts petrochemicals news article here. , Olefins Operations Manager and Turnaround Project Manager at LyondellBasell. Netherlands-headquarered LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, and construction conglomerate Odebrecht SA, the controlling shareholder of Brazilian petrochemicals firm Braskem, say the companies have entered into exclusive discussions regarding a potential transaction between LyondellBasell LyondellBasell reportedly eyeing Braskem acquisition while LyondellBasell "the management of Braskem requested clarifications to Odebrecht, LyondellBasell in talks to buy Industries is in exclusive negotiations to buy a controlling interest in Braskem from the Brazilian conglomerate Odebrecht, LyondellBasell Industries NV and Odebrecht SA, the controlling owner of petrochemicals producer Braskem, said on Friday they have entered into exclusive talks for Lyondell to acquire control of Braskem, and two people familiar with the matter said the companies are planning a cash and shares deal that LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, and Odebrecht, the controlling shareholder of Braskem, a leading plastic producer in the Americas, in a joint statement announced the companies have entered into exclusive discussions regarding a potential Discover the stock impact of the latest LYB news. LyondellBasell and Odebrecht S. 84% (b3:BRKM5)(b3:BRKM3), a leading plastic producer in As of this date, there is no binding obligation between LyondellBasell and Odebrecht S. nor assurance that such negotiations will result in a Transaction. Shawn Cullen. Odebrecht SA is set to agree on the sale of its controlling stake in petrochemical firm Braskem SA to LyondellBasell Industries NV by mid-October, newspaper Valor Econômico reported on Tuesday. Enter Into Exclusive Discussions Concerning Braskem May 24, 2018 - Braskem said it "was not addressed by LyondellBasell with any proposed acquisition. LyondellBasell and Odebrecht expect to reach a final deal in two months, but there is no deadline yet for LyondellBasell to deliver a binding proposal, the sources said, speaking on condition of anonymity because they are not authorized to discuss the terms publicly. 88% one of the largest plastics, chemicals and refining companies in the world, and Odebrecht S. Enter Into Exclusive Discussions Concerning Braskem. Enter Into Exclusive Discussions Concerning Braskem Email Page Print View a financial market summary for LYB including stock price quote, trading volume, volatility, options volume, statistics, and other important company data related to LYB (Lyondellbasell Industries Nv Ordinary Shares Class A (Netherlands)) stock. LyondellBasell Industries N. "Both LyondellBasell and Braskem share a strong culture of operational excellence and legacies of value-creating innovation. We believe that the potential combination of LyondellBasell's and Braskem's complementary strengths, product portfolios and operational footprints would create significant Braskem said LyondellBasell never approached it directly and that Braskem's controlling owner, Brazilian conglomerate Odebrecht, plans to keep Braskem. 1% voting stake LyondellBasell acquire Brazil Braskem LyondellBasell and Odebrecht S. 1% stake in the petrochemical company Braskem, in whi LyondellBasell and Odebrecht have announced that the companies have entered into exclusive discussions regarding a potential transaction between LyondellBasell and Braskem. At that time, Odebrecht denied it ROTTERDAM, The Netherlands and SAO PAULO, June 15, 2018 /PRNewswire/ -- LyondellBasell, LYB, -0. Cl A Basic Chart, Quote and financial news from the leading provider and award-winning BigCharts. , its controlling shareholder, about the beginning of discussions with LyondellBasell, a listed company LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, and Odebrecht, the controlling shareholder of Braskem, a leading plastic producer in the Americas, in a joint statement announced the companies have entered into exclusive discussions regarding a potential $BAK ROTTERDAM, The Netherlands and SAO PAULO, June 15, 2018 /PRNewswire/ -- LyondellBasell, (LYB), one of the largest plastics, chemicals and refining companies in the world, and Odebrecht S. LyondellBasell, Odebrecht in talks over latter's Braskem stake - Read this Platts petrochemicals news article here. Claim your 2-week free trial here. ROTTERDAM, The Netherlands and SAO PAULO, June 15, 2018 /PRNewswire/ -- LyondellBasell, (NYSE: LYB), one of the largest plastics, chemicals and refining companies in the world, and Odebrecht S. , announced the companies LyondellBasell may have approached Odebrecht rather than Braskem itself – a rational scenario as it would have to deal with the controlling shareholder. "The discussions are preliminary and no agreements have been reached," LyondellBasell and Odebrecht said in a joint statement. LyondellBasell Industries NV and Odebrecht SA, the controlling owner of petrochemicals producer Braskem, said they have entered into exclusive talks for Lyondell to acquire control of Braskem. A holandesa LyondellBasell, uma das maiores companhias de plásticos, produtos químicos e refino do mundo, e Odebrecht S. S. Once LyondellBasell and Odebrecht reach an agreement on price, the acquirer will extend the same terms for the stake owned by Petroleo Brasileiro S. Plastic, chemicals and refining company LyondellBasell Industries NV has begun talks with View Natalie Youssef’s profile on LinkedIn, the world's largest professional community. Currently, Odebrecht holds the controlling stake in Braskem. Rumors that LyondellBasell was considering the Brazil’s Braskem informed its shareholders and the market that its controlling shareholder Odebrecht S View the latest LYB stock price with Barron's. The newspaper report says LyondellBasell would buy the stake from Odebrecht SA, which holds 50. " LyondellBasell in exclusive talks to acquire control of Braskem. Enter Into Exclusive Discussions Concerning Braskem Jun 15 2018 : LyondellBasell y Odebrecht deben alcanzar un acuerdo final en dos meses y aún no hay plazo para que el grupo holandés entregue una propuesta vinculante, dijeron las fuentes. $BAK Odebrecht SA is set to agree on the sale of its controlling stake in petrochemical firm Braskem SA to LyondellBasell Industries NV by mid-October, newspaper Valor Econômico reported on Tuesday. V. N> and Odebrecht SA, the controlling owner of petrochemicals producer Braskem, said Braskem, Odebrecht deny receiving buyout proposal from LyondellBasell - Read this Platts petrochemicals news article here. LyondellBasell sells products into approximately 100 countries and is the world's largest LyondellBasell and Odebrecht S. , the controlling shareholder of Braskem (NYSE: BAK, B3: BRKM5, BRKM3), a leading plastic producer in the Americas, in a joint statement today announced LyondellBasell and Odebrecht, the controlling shareholder of Braskem, a plastic producer in the Americas, have entered into exclusive discussions rega BAK – LyondellBasell and Odebrecht S. Enter Into Exclusive LyondellBasell Announces Quarterly Dividend and 2 days ago · Brazilian conglomerate Odebrecht has agreed to sell LyondellBasell its controlling stake in Brazilian petrochemical leader Braskem by mid-October, according to Reuters. 1% of Braskem's voting capital. A few days ago, Braskem said that it isn’t engaged with LyondellBasell about the potential El conglomerado brasileño Odebrecht inició negociaciones para venderle el control de Braskem, la mayor petroquímica de América Latina, a la holandesa LyondellBasell, según un comunicado enviado hoy al mercado. Plus discover more petrochemicals market news, products & services. LyondellBasell Industries NV (LYB) Stock Analysis, LyondellBasell and Odebrecht S. Shares of LyondellBasell and Braskem rose Is LyondellBasell's Poor Acquisition History one being Brazilian construction firm Odebrecht which owns 38. View Ronald Richardson’s professional profile on Senior Billing & Rebates Analyst bij LyondellBasell. NEGOTIATIONS BETWEEN ODEBRECHT AND LYONDELLBASELL. A Enter Into Exclusive Discussions Concerning Braskem Odebrecht SA is set to agree on the sale of its controlling stake in petrochemical firm Braskem SA to LyondellBasell Industries NV by mid-October, newspaper Valor Econômico reported on Tuesday. Chemical giant LyondellBasell Industries and Odebrecht SA, the controlling owner of petrochemicals producer Braskem, said Friday they have entered into exclusive talks for Lyondell to acquire control of Braskem, numerous media reported. Braskem says “it was not approached by LyondellBasell with any proposal for acquisition of its shares. They expect to reach a final deal in two months, but there is no deadline yet for a binding proposal, the sources added on condition of anonymity, because they are not authorized to discuss terms of the International financial news story: BRASKEM: Odebrecht Talks With LyondellBasell To Sell Its Stake Brazil's Braskem said Thursday that engineering and construction firm Odebrecht, its majority Odebrecht deny receiving buyout proposal from LyondellBasell. LyondellBasell and Odebrecht SA, the conglomerate with a LyondellBasell Industries N. LBI and Odebrecht SA, the majority owner of São Paulo-based Braskem, confirmed the negotiations in a LyondellBasell and Odebrecht S. BRASILIA, July 10 Odebrecht SA is set to agree on the sale of its controlling stake in Acrylic adhesives are derived from LyondellBasell and Odebrecht have announced that the companies have entered into exclusive discussions regarding a Plastic Is Fantastic for Lyondell as It Preps for Growth. Enter Into Exclusive Discussions View LyondellBasell Industries NV (NYSE: LYB) stock data and charts on Benzinga. LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, and Odebrecht, the controlling shareholder of Braskem, a leading plastic producer in the Americas, in a joint statement announced the companies have entered into exclusive discussions regarding a potential transaction between LyondellBasell and Braskem. You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. HOUSTON, June 15, 2018 (PCW) -- LyondellBasell and Odebrecht, the controlling shareholder of Braskem, LyondellBasell and Odebrecht S. , the controlling shareholder of Braskem in a joint statement announced the companies have entered into exclusive discussions regarding a potential transaction between LyondellBasell and Braskem. 1 which holds 47 percent of the voting capital at Braskem, nor LyondellBasell have immediately responded to requests for comment about BRASILIA Odebrecht SA is set to agree on the sale of its controlling stake in petrochemical firm Braskem SA to LyondellBasell Industries NV by mid-October, newspaper Valor Econômico reported on Tuesday. Odebrecht, which holds 50. Lyondellbasell And Odebrecht S. Enter Into Exclusive Discussions Concerning Braskem Odebrecht SA is set to agree on the sale of its controlling stake in petrochemical firm Braskem SA to LyondellBasell Industries NV by mid-October, newspaper Valor Econômico reported on Tuesday. Odebrecht has LyondellBasell Confirms Braskem Talks. Odebrecht, which has A Odebrecht entrou em negociações exclusivas para a venda de sua participação na Braskem para a holandesa LyondellBasell, levando as ações da petroquímica brasileira a dispararem nesta sexta-feira (15). The Dutch chemical company and the SAO PAULO, June 15- LyondellBasell Industries NV and Odebrecht SA, the controlling owner of petrochemicals producer Braskem, said on Friday they have entered into exclusive talks for Lyondell to acquire control of Braskem, and two people familiar with the matter said the companies are planning a cash and shares deal that could top $9 billion. Lyondell Basell and Odebrecht, the controlling shareholder of Braskem announced in a joint statement that they have entered into exclusive discussions regarding a potential transaction between Lyondell Basell and Braskem. , the controlling shareholder of Braskem (NYSE: BAK, B3: BRKM5, BRKM3), a leading plastic producer in the Americas, in a joint statement today announced View Lisa Causey’s profile on LinkedIn, the world's largest professional community. Petrobras has greater motivation now to sell, while Odebrecht can raise funds to pay fines and for debt reduction The spot market for buying and selling commodity grade plastic resins and a trusted source of market intelligence. LyondellBasell in talks to acquire Brazilian LyondellBasell and Odebrecht SA do not intend to make any further comment unless and until the discussions LyondellBasell presented the proposal to Brazilian construction company Odebrecht, which owns a 50. Enter Into Exclusive Discussions Concerning Braskem ROTTERDAM, The Netherlands and SAO PAULO, June 15, 2018 /PRNewswire/ — Read more Odebrecht SA is set to agree on the sale of its controlling stake in petrochemical firm Braskem SA to LyondellBasell Industries NV by mid-October, newspaper Valor Econômico reported on Tuesday. SAO PAULO LyondellBasell Industries NV and Odebrecht SA, the controlling owner of petrochemicals producer Braskem, said on Friday they have entered into exclusive talks for Lyondell to acquire control of Braskem, and two people familiar with the matter said the companies are LyondellBasell and Odebrecht S. , LyondellBasell Industries is in exclusive negotiations to buy a controlling interest in Braskem from the Brazilian conglomerate Odebrecht, the parties have confirmed. Cl A SAO PAULO, Oct 30 (Reuters) - Brazilian construction conglomerate Odebrecht SA said on Monday that it wants to keep Braskem SA in its investment portfolio, after a report that LyondellBasell Industries NV had approached the petrochemicals producer about a potential takeover. LyondellBasell Industries NV Class A (Netherlands) LyondellBasell and Odebrecht S. , the controlling shareholder of Braskem, Tweet with a location. LyondellBasell and Odebrecht have announced that the companies have entered into exclusive discussions regarding a potential transaction between LyondellBasell and Braskem Shares of LyondellBasell and Braskem rose Is LyondellBasell's Poor Acquisition History one being Brazilian construction firm Odebrecht which owns 38. Petrobras has greater motivation now to sell, while Odebrecht can raise funds to pay fines and for debt reduction As of this date, there is no binding obligation between LyondellBasell and Odebrecht S. , the controlling shareholder of Braskem (NYSE: BAK), a leading plastic producer in the A LyondellBasell/Braskem combination has clear strategic benefits. LyondellBasell may have approached Odebrecht rather than Braskem itself – a rational scenario as it would have to deal with the controlling shareholder. Enter Into Exclusive Discussions Concerning Braskem Read more. 4 billion) in an offer to Brazilian conglomerate Odebrecht SA months ago, newspaper Valor Econômico reported on Thursday. ” Furthermore, the Brazilian conglomerate Odebrecht, LyondellBasell and Odebrecht SA, the conglomerate with a controlling stake in Braskem, said in a statement they had entered exclusive talks. The coverage of Braskem would extent Odebrecht (Salvador, Brazil) has denied receiving a proposal from LyondellBasell, to acquire Odebrecht's controlling stake in Braskem, according to a securities filing issued by Braskem on Thursday June 15 (Reuters) - Plastic, chemicals and refining company LyondellBasell Industries NV has begun talks with Brazilian petrochemical firm Braskem SA's main shareholder about a potential tie-up, the two companies said on Friday. 5 billion reais ($11. June 01, 2018. Enter Into Exclusive Discussions Concerning Braskem "Both LyondellBasell and Braskem share a strong culture of operational excellence and legacies of value-creating innovation. LyondellBasell y Odebrecht deben alcanzar un acuerdo final en dos meses y aún no hay plazo para que el grupo holandés entregue una propuesta vinculante, dijeron las fuentes. , the controlling shareholder of Braskem (NYSE: BAK, B3: BRKM5, BRKM3), a leading plastic producer in the Americas LyondellBasell Industries NV and Odebrecht SA, the controlling owner of petrochemicals producer Braskem, said on Friday they have entered into exclusive talks for Lyondell to acquire control of Braskem, and two people familiar with the matter said the companies are planning a cash and shares deal that could top $9 billion. Odebrecht, LyondellBasell to July 10 Odebrecht SA is set to agree on the sale of its controlling stake in petrochemical firm Braskem SA to LyondellBasell . to acquire control of Braskem LyondellBasell, and Odebrecht S. BRASILIA, July 10- Odebrecht SA is set to agree on the sale of its controlling stake in petrochemical firm Braskem SA to LyondellBasell Industries NV. ('Braskem' or the 'Company'), in compliance with the provisions of CVM Instruction 358/02, informs its shareholders and the market that it was communicated by Odebrecht S. $BAK ROTTERDAM, The Netherlands and SAO PAULO, June 15, 2018 /PRNewswire/ -- LyondellBasell, (LYB), one of the largest plastics, chemicals and refining companies in the world, and Odebrecht S. , its controlling shareholder, about the beginning of discussions with LyondellBasell, a listed company Explore commentary on LyondellBasell Industries NV and hear what the one of the largest plastics, chemicals and refining companies in the world, and Odebrecht S. The probe uncovered a bribery scheme within the company that also involved Odebrecht. " LyondellBasell and Odebrecht, the controlling shareholder of Braskem, today confirmed that they have entered into discussions for LyondellBasell to acquire Braskem. Groups began talks in the Carnival, but halted them while Brazilian conglomerate negotiates new financing Brazilian construction company Odebrecht is negotiating with LyondellBasell to sell its 50. , announced the companies SAO PAULO, June 15 (Reuters) - Chemicals company LyondellBasell Industries NV is in talks to acquire control of Brazilian petrochemical firm Braskem SA in a cash and shares deal, two people with knowledge of the matter said on Friday. Netherlands-headquarered LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, and construction conglomerate Odebrecht SA, the controlling shareholder of Brazilian petrochemicals firm Braskem, say the companies have entered into exclusive discussions regarding a potential transaction between LyondellBasell LyondellBasell presented the proposal to Brazilian construction company Odebrecht, Odebrecht said it has not received a proposal to acquire its stake in Braskem. Global petrochemical producer and refiner LyondellBasell is in exclusive talks with Odebrecht to possibly buy the Brazilian engineering and construction conglomerate s controlling 38. LyondellBasell and Odebrecht said they have entered exclusive talks on a possible deal for the Brazilian plastics company Braskem. We believe that the potential combination of LyondellBasell's and Braskem's complementary strengths, product portfolios and operational footprints would create significant Braskem S. LyondellBasell and SUEZ Purchase European Plastics Recycling Company November 27, LyondellBasell and Odebrecht S. " Delen: By Dana Mattioli and Luciana Magalhaes Chemical companies LyondellBasell Industries NV and Braskem SA said Friday that they have and construction firm Odebrecht By Tatiana Bautzer and Carolina Mandl SAO PAULO (Reuters) – LyondellBasell Industries NV <LYB. LyondellBasell’s stock closed at $115. The companies jointly stated: "Both LyondellBasell and Braskem share a strong culture of operational excellence and legacies of value-creating innovation. , the controlling shareholder of Braskem (NYSE: BAK, B3: BRKM5, BRKM3), a leading plastic producer in the Americas, in a joint statement today Read Corporate & Financial News from LYB LyondellBasell and Odebrecht S. " Delen: A spokesperson at LyondellBasell told Plastics News that the company "does not comment on market rumours or speculation. Rumors of LyondellBasell’s overtures to Braskem have surfaced periodically since last November. Now, the June 15 press release states LyondellBasell is in exclusive discussions with Brazil-based Odebrecht SA, the controlling shareholder of Braskem. , acionista controladora de Braskem, uma das principais produtoras de plástico nas Américas, anunciaram, hoje, em um comunicado conjunto, que as companhias iniciaram tratativas exclusivas sobre uma potencial transação Brazil's state-run oil company Petroleo Brasileiro said on Friday that if LyondellBasell Industries NV reaches an agreement to buy Odebrecht's stake in Petrochemical firm Braskem SA, it will analyze the deal. SAO PAULO, June 15 (Reuters) - LyondellBasell Industries NV and Odebrecht SA, the controlling owner of petrochemicals producer Braskem, said on Friday they have entered into exclusive talks for Lyondell to acquire control of Braskem, and two people familiar with the matter said the companies are BRASILIA Odebrecht SA is set to agree on the sale of its controlling stake in petrochemical firm Braskem SA to LyondellBasell Industries NV by mid-October, newspaper Valor Econômico reported on Tuesday. V is listed LyondellBasell and Odebrecht S. , announced the companies have entered into exclusive discussions regarding a potential transaction between LyondellBasell and The paper said Lyondell was being advised by Morgan Stanley, and Odebrecht by Lazard Ltd. Lyondellbasell Industries News: This is the News-site for the company Lyondellbasell Industries on Markets Insider LyondellBasell Industries NV has made a takeover approach to LyondellBasell Makes Takeover Approach to Braskem -- Update. Plastic, chemicals and refining company LyondellBasell Industries NV has begun talks with LyondellBasell and Odebrecht expect to reach a final deal in two months, but there is no deadline yet for LyondellBasell to deliver a binding proposal, the sources said, speaking on condition of anonymity because they are not authorized to discuss the terms publicly. LyondellBasell Confirms Braskem Talks (c) Braskem LyondellBasell has confirmed exclusive talks with Braskem ‘s controlling shareholder, Odebrecht, about 06/15/2018 09:59 Braskem announced on Friday (15) that its parent company, Odebrecht SA, has begun negotiations to sell its entire stake in the petrochemical company to Dutch company LyondellBasell. Enter Into Exclusive Discussions Concerning Braskem Odebrecht, the controlling shareholder of Braskem, said on Monday it wants to keep the company in its group following a report that LyondellBasell has approached the Brazilian petrochemicals maker about a possible deal. LyondellBasell Industries NV and Odebrecht SA, the controlling owner of petrochemicals producer Braskem, said on Friday they have entered into exclusive talks for Lyondell to acquire control of Braskem, and two people familiar with the matter said the companies are planning a cash and shares deal that could top $9 billion. and construction firm Odebrecht SA, Odebrecht SA is set to agree on the sale of its controlling stake in petrochemical firm Braskem SA to LyondellBasell Industries NV by mid-October, newspaper Valor Econômico reported on Tuesday. We believe that the potential combination of LyondellBasell's and Braskem's complementary strengths, product portfolios and operational footprints would create significant LyondellBasell and Odebrecht S. 1 As of this date, there is no binding obligation between LyondellBasell and Odebrecht S. com. Get inside Wall Street with StreetInsider Premium. LyondellBasell and Odebrecht SA, the conglomerate with a Braskem, Odebrecht deny receiving buyout proposal from LyondellBasell - Read this Platts petrochemicals news article here. Innovation on Flame Retardants LyondellBasell and Odebrecht have announced that the companies have entered into exclusive discussions regarding a potential Lyondell is also in talks with Brazilian engineering and construction firm Odebrecht to buy its controlling interest in petrochemical producer Braskem, BRASILIA Odebrecht SA is set to agree on the sale of its controlling stake in petrochemical firm Braskem SA to LyondellBasell Industries NV by mid-October, newspaper Valor Econômico reported on Tuesday. , The government's delay in determining how much proceeds it will keep from Odebrecht's asset sale could see China Three Gorges LyondellBasell, Odebrecht talk LyondellBasell in exclusive talks with Odebrecht S. They expect to reach a final deal in two months, but there is no deadline yet for a binding proposal, the sources added on condition of anonymity, because they are not authorized to discuss terms of the Braskem said it "was not addressed by LyondellBasell with any proposed acquisition. (RTTNews) - Brazilian construction company Odebrecht is negotiating with LyondellBasell to sell its 50. We believe that the potential combination of LyondellBasell's and Braskem's complementary strengths, product portfolios and operational footprints would create significant Discover the stock impact of the latest LYB news. Enter Into Exclusive Discussions Concerning Braskem PR Newswire: LyondellBasell Industries NV to Host Earnings Call ACCESSWIRE: LyondellBasell and Odebrecht (largest stakeholder in Braskem) issued a joint statement announcing their exclusive discussion. Enter Into Exclusive Discussions Concerning LyondellBasell Industries NV has reportedly approached Brazil’s Braskem SA for a potential takeover, valuing the petrochemicals company at more than $10 billion, the Wall Street Journal reported on Monday. Location LyondellBasell and Odebrecht S. Odebrecht is negotiating the sale of its entire controlling stake in chemical giant Braskem to Netherlands-based LyondellBasell, Braskem communicated Friday morning. SAO PAULO, June 15- LyondellBasell Industries NV and Odebrecht SA, the controlling owner of petrochemicals producer Braskem, said on Friday they have. BRASILIA, July 10 Odebrecht SA is set to agree on the sale of its controlling stake in LyondellBasell Industries NV and Odebrecht SA, the controlling owner of petrochemicals producer Braskem, said on Friday they have entered into exclusive talks for Lyondell to acquire control of Braskem, and two people familiar with the matter said the companies are planning a cash and shares deal that Get quotes, news, returns, research and ratings, as well as charts, valuations, financial statements, estimates and ownership information on LyondellBasell Industries NV Braskem denies sales talks with LyondellBasell LyondellBasell is in talks to buy Braskem for more than $10 Odebrecht could still keep a stake in Braskem even with LyondellBasell and Odebrecht S. LyondellBasell is in talks to acquire Petrobras and Odebrecht earlier this year announced plans to consolidate Braskem's stock into a single class of shares as LyondellBasell Industries and Odebrecht S. A LyondellBasell/Braskem combination has clear strategic benefits. 5 billion to U. How Petrobras structures the sale could determine whether Houston chemical company Lyondell-Basell attempts Odebrecht and Braskem agreed to pay a combined LyondellBasell Industries NV (LYB) Stock Analysis, LyondellBasell and Odebrecht S. , the controlling shareholder of Brazil-based Braskem SA, have confirmed that the companies have entered into exclusive talks regarding a potential merger that would give LyondellBasell a controlling stake in Braskem. LyondellBasell Industries and Odebrecht S. According to its sources, LyondellBasell was being advised by Morgan Stanley, Odebrecht by Lazard. 32 a share, up about 1 percent. Enter Into Exclusive Discussions Concerning Braskem Jun 15 2018 : $BAK Odebrecht SA is set to agree on the sale of its controlling stake in petrochemical firm Braskem SA to LyondellBasell Industries NV by mid-October, newspaper Valor Econômico reported on Tuesday. Press Release; LyondellBasell Industries NV (LYB) has made a takeover approach to Braskem SA (BAK), according to people familiar with the matter, eyeing a deal that could value the Brazilian petrochemical company at well over $10 billion. Enter Into Exclusive Discussions Concerning Braskem, Stocks: NYSE:LYB,NYSE:BAK,BSP:BRKM3,BSP:BRKM5, release date:Jun 15, 2018 June 15- Plastic, chemicals and refining company LyondellBasell Industries NV has begun talks with Brazilian petrochemical firm Braskem SA's main. On June 15, LyondellBasell (LYB) said that it’s in talks with Odebrecht for a potential deal to acquire the controlling stake of Braskem (BAK). Site Manager at LyondellBasell. ROTTERDAM, The Netherlands and SAO PAULO, June 15, 2018 /PRNewswire/ -- LyondellBasell, (LYB), one of the largest plastics, chemicals and refining companies in the world, and Odebrecht S. “The negotiations are in a preliminary stage, under confidentiality, and LyondellBasell was given exclusivity,” the statement Brazil’s Braskem informed its shareholders and the market that its controlling shareholder Odebrecht S “Both LyondellBasell and Braskem share a strong culture Odebrecht SA is set to agree on the sale of its controlling stake in petrochemical firm Braskem SA to LyondellBasell LyondellBasell Industries NV and Odebrecht LyondellBasell Industries has valued Brazilian petrochemical company Braskem SA at 41. " "Braskem management requested clarification from Odebrecht SA, its controlling shareholder, which informed that it is working on alternatives to add value to Braskem and all its shareholders, and reaffirmed its intention to keep Braskem as part of the group's LyondellBasell and Odebrecht S. LyondellBasell and Odebrecht, the controlling shareholder of Braskem, a plastic producer in the Americas, have entered into exclusive discussions rega LyondellBasell and Odebrecht S. 1% stake in the petrochemical company Braskem, in which it is a partner of Petrobras, which holds 47% of the company's voting capital. LYB – LyondellBasell and Odebrecht S. Cl A stock price, LyondellBasell and Odebrecht S. LyondellBasell has remained silent on the latest buzz, LyondellBasell, Odebrecht in talks over latter's Braskem stake - Read this Platts petrochemicals news article here. LyondellBasell and Odebrecht SA, the conglomerate with a controlling stake in Braskem, said in a statement they had entered exclusive talks. View LyondellBasell Industries NV (NYSE: LYB) stock data and charts on Benzinga. , announced the companies have entered into exclusive discussions regarding a potential transaction between LyondellBasell and Find LYONDELLBASELL INDU-CL A historical stock quotes, key competitors, stock data, Once LyondellBasell and Odebrecht reach an agreement on price, MOSCOW (MRC) -- LyondellBasell Industries NVand Odebrecht SA, the controlling owner of petrochemicals producer Braskem, said on Friday they have entered into exclusive talks for Lyondell to acquire control of Braskem, and two people familia SAO PAULO, June 15 (Reuters) - Chemicals company LyondellBasell Industries NV is in talks to acquire control of Brazilian petrochemical firm Braskem SA in a cash and shares deal, two people with knowledge of the matter said on Friday. LyondellBasell and Odebrecht have announced that the companies have entered into exclusive discussions regarding a potential transaction between LyondellBasell and Braskem. Newspaper Valor Econômico reported on Thursday that LyondellBasell, in an offer to Odebrecht, valued Braskem at 41. Odebrecht S. LyondellBasell is in talks to acquire Petrobras and Odebrecht earlier this year announced plans to consolidate Braskem's stock into a single class of shares as Odebrecht has denied receiving a proposal from LyondellBasell, to acquire Odebrecht's controlling stake in Braskem, according to a securities filing issued by LyondellBasell and Odebrecht S. Cl A LYB - LyondellBasell Industries N. We believe that the potential combination of LyondellBasell's and Braskem's complementary strengths, product portfolios and operational footprints would create significant Plastics and petrochemicals giant LyondellBasell Industries is negotiating to buy a controlling stake in Brazil's Braskem SA in a deal that would create a resin powerhouse throughout the Americas. lyondellbasell and odebrecht