Odebrecht terá de vender suas principais empresas além de depender do lucro da Braskem para sobreviver

Odebrecht Will Have to Sell Its Major Companies Besides Relying on Braskem’s Profit to Survive

Written by Flavia Marinho

Published on 27/04/2020 at 17:06

Odebrecht terá de vender suas principais empresas além de depender do lucro da Braskem para sobreviver

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Odebrecht – on the 22nd of this month, the group approved the restructuring of 53 billion reais in debts within its judicial recovery plan, thus making Braskem the main source of income for the company. Boeing Breaks Contract of 4.2 Billion Dollars with Embraer and Union Calls for Reprivatization of the Company.

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Amidst the crisis in the sector, Braskem will need to generate significant profits to be the largest source of liquidity for the group.

Odebrecht is the controlling entity of Braskem with a 38% stake in its share capital. Petrobras is a partner in the control, with 36% of the business.

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Odebrecht Will Have to Sell Its Major Companies Besides Relying on Braskem’s Profit to Survive

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Odebrecht Will Have to Sell Its Major Companies Besides Relying on Braskem’s Profit to Survive

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