Petrobras prepares to sell stake in Braskem

Petrobras again stated its intention to sell its 36% stake in braskem petrochemical on Tuesday (8). According to the state, the operation will require the hiring of advisors and the support of a bank to carry out the sale process.

Despite this, Petrobras has made it clear that there is still no definition on the method of disinvestment, but said it will keep the market warned about the decision. "The company believes it is necessary to hire a specialized and independent financial institution for financial advice on the future transaction, as already done in other asset sales operations," the state-owned company said in a statement.

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