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Macro Finance

Petrobras CEO Rules Out Larger Braskem Stake Amid Debt Talks

Bloomberg Markets·September 24, 2026·1 min read

Petrobras CEO Magda Chambriard ruled out raising the state-controlled oil producer's stake in troubled petrochemicals firm Braskem SA, saying any additional capital must be matched by other investors. The statement comes amid debt talks and signals Petrobras' reluctance to increase exposure to Braskem's financial difficulties.

Read at Bloomberg Markets
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