In response to a requested clarification, Novonor reported that to date, “there have been no material or binding developments in discussions with stakeholders, including indirect participation in Braskem,” adding that in the event of material progress in discussions, the company will be immediately informed so that normal measures can be adopted.
reply to a letter sent from Securities and Exchange Commission (CVM); Mr. Braskem reiterated that he is not responsible for, and will not negotiate with, the potential sale of control of the company by its shareholder, Novo Nor, or any negotiations by Novo Nor’s creditor banks.
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