IG4 Braskem Raízen Push: Regulator Clears One Offer as a Second Bid Nears

Globo

Lean Right

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Ownership

The Commission for Securities (CVM) referred to Braskem's request for registration of the public offer for the acquisition of shares (OPA) made by the Shine I fund, managed by IG4. The operation was provided for in the contract signed between the manager and Novonor (former Odebrecht) which made IG4 the largest shareholder of petrochemicals in the first half of this year. According to a statement issued by Braskem on Monday (21), the OPA will co…

monitordomercado.com.br

Factuality

Ownership

The Commission for Securities (CVM) approved the registration of the public offer of acquisition (OPA) of shares of Braskem (BRKM3, BRKM5 and BRKM6), while the B3 authorized the realization of the auction. The information was communicated by the company on Monday (21). The offer is consequence of the change of control of Braskem, concluded on 3 June [...] The post CVM approves OPA of Braskem; auction will be held in B3 appeared first in Market M…

diariocarioca.com

Factuality

Ownership

The Securities Commission has given the Shine I fund a green light to acquire papers in circulation for petrochemicals, but the auction date depends on editorials.

moneytimes.com.br

Factuality

Ownership

Braskem (BRKM5) received a communication from Shine I Investment Fund, linked to IG4, on the deferral of the application for registration of the company's public offer to acquire shares by the Securities Commission (SVC). According to the relevant fact disclosed on Monday (21), the operation results from the sale of the shareholder control of Braskem, already [...]