Mergers & Acquisitions Mergers & Acquisitions

Braskem-Wise Plásticos deal to result in overlaps in thermoplastic resins market, parties tell Brazil's CADE

By Paula Mariane
  • 01 Dec 2022 16:11
  • 01 Dec 2022 16:32
Brazilian petrochemical company Braskem’s planned acquisition of a 50 percent stake in plastic manufacturer Wise Plásticos will result in overlaps in the thermoplastic resin market, the parties have told the national competition authority.
Braskem already holds an 11.1 percent stake in Wise's capital stock, and will hold a 61.1 percent

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Paula Mariane

Correspondent, Latin America

Paula is a journalist and photographer from Brazil with more than 10 years of experience in covering social, political and international affairs. Before joining MLex, she worked at CNN Brasil and Al Jazeera as a writer and producer. TEDx speaker and author of the book “Bonds of Honor,” Paula is the first civilian to produce a long-term photographic series of the Brazilian Army.

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