Intel stock extends gains after report of possible U.S. government stake
Braskem (NYSE:BAK) S.A. (B3:BRKM3, BRKM5, BRKM6; NYSE:BAK; LATIBEX:XBRK) announced Thursday that the General Superintendence of the Administrative Council for Economic Defense (CADE) has approved, without restrictions, a concentration act related to a potential transaction involving shares issued by NSP Investimentos S.A. – Under Judicial Reorganization.
According to a statement released by the company and filed with the Securities and Exchange Commission, CADE’s decision was issued under Concentration Act No. 08700.006808/2025-81 through Order SG No. 980/2025. The approval is subject to a 15-day period for third-party comments or for the case to be taken up by CADE’s Tribunal, which will commence upon publication of the order.
Braskem noted that this announcement is in continuity with facts previously disclosed on May 23 and July 7. The company did not provide additional details about the terms or value of the transaction in this notice.
The information in this article is based on a press release statement filed with the SEC.
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