Nelson Tanure seeks majority stake in Braskem, Bloomberg reports

Businessman Nelson Tanure is negotiating to acquire Novonor’s majority stake in Braskem (BAK), Rachel Gamarski and Leda Alvim of Bloomberg report, citing a person with direct knowledge of the matter. Tanure plans to focus on Braskem’s expansion in the Rio de Janeiro area using natural gas from Brazil’s pre-salt reserves, the source told Bloomberg. The offer comes as Novonor, which jointly owns Braskem with Petrobras (PBR), has been trying to sell its stake for years, Bloomberg points out.