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Braskem SA to acquire 70.59 pct stake in Solvay Indupa S.A.I.C.

Wednesday, 18 Dec 2013 05:37am EST 

Braskem SA:Says on Dec. 17 it signed a contract with Solvay Argentina SA for the acquisition of a 70.59 percent stake in the share capital of Solvay Indupa S.A.I.C., corresponding to 292,453,490 shares, at the price of $0.085 per share.Says the value of acquisition amounts to $290 million. 

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