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Braskem SA (BAK)

BAK on New York Consolidated

19.28USD
6 Dec 2016
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Fri, Dec 2 2016

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Brazil's Braskem shares jump as deal in graft probe seen imminent

SAO PAULO Shares in Braskem SA soared 10 percent in their biggest intraday gain in more than two months on Friday after Latin America's largest petrochemical firm said it is in advanced talks with authorities in Brazil and the United States for a leniency agreement related to a massive corruption scandal.

UPDATE 1-Braskem CEO watching if Trump presidency affects Mexican plant

SAO PAULO, Nov 10 Brazil's Braskem SA , the largest petrochemical producer in Latin America, is watching to see if U.S. President-elect Donald Trump's protectionist campaign talk affects its huge new plant in Mexico, Chief Executive Officer Fernando Musa said on Thursday.

Brazil's Braskem posts 45 pct drop in third-quarter profit

SAO PAULO, Nov 10 Brazil's Braskem SA , Latin America's largest petrochemical producer, posted third-quarter net income of 818 million reais ($253 million), down 45 percent from a year earlier, a securities filing showed on Thursday.

Brazil's Braskem says no formal pact to sell unit quantiQ

SAO PAULO, Oct 20 Brazilian petrochemical company Braskem SA said there was no formal agreement to sell its chemical products distributing unit known as quantiQ, according to a securities filing on Thursday, in the wake of media reports saying the unit may be sold.

Braskem ex-CEO eyes plea bargain in Brazil corruption probe -Valor

SAO PAULO, Oct 6 A former chief executive of Braskem SA is working with investigators in Brazil to establish the petrochemical company's responsibility in a political graft scandal involving its shareholders, according to a newspaper report on Thursday.

UPDATE 1-Braskem enters talks with U.S. officials in graft case

SAO PAULO, Oct 3 Brazil's Braskem SA, Latin America's largest petrochemical producer, said on Monday it had entered talks with the U.S. Department of Justice and the Securities and Exchange Commission regarding an internal graft probe started in 2015.

Brazil's Braskem enters talks with U.S. authorities in graft case

SAO PAULO, Oct 3 Brazil's Braskem SA, Latin America's largest petrochemical producer, said on Monday it had entered talks with the U.S. Department of Justice and the Securities and Exchange Commission regarding an internal graft probe started in 2015.

Braskem to start talks with U.S. authorities over corruption accusations

Braskem SA, Latin America's largest petrochemical company, said on Thursday it will start talks with U.S. authorities over accusations of corruption linked to a massive graft investigation in Brazil.

UPDATE 1-Braskem to start talks with US authorities over corruption accusations

SAO PAULO, Aug 4 Braskem SA, Latin America's largest petrochemical company, said on Thursday it will start talks with U.S. authorities over accusations of corruption linked to a massive graft investigation in Brazil.

Brazil's Odebrecht puts Braskem stake as collateral for loans

SAO PAULO Braskem SA said on Tuesday controlling shareholder Odebrecht Serviços e Participações SA has placed the entire stake it has in the firm as collateral for outstanding bank loans, in a sign of Odebrecht's challenging debt refinancing outlook.

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