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Petrobras CEO Rules Out Larger Braskem Stake Amid Debt Talks

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Lead development · 9/24/2026, 4:34:51 PM UTC

Petrobras CEO Rules Out Larger Braskem Stake Amid Debt Talks

Petrobras SA Chief Executive Officer 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.

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