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Braskem Addresses Takeover Speculation Amidst Market Rumors

Story Highlights
  • Braskem S.A. is a key player in the petrochemical industry, focusing on thermoplastic resins.
  • Braskem clarified it is not involved in negotiations regarding a reported takeover by banks and Petrobras.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Braskem Addresses Takeover Speculation Amidst Market Rumors

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Braskem SA ( (BAK) ) has provided an update.

On October 7, 2025, Braskem S.A. addressed a request from the Securities and Exchange Commission of Brazil for clarification regarding a news report about a potential takeover by creditor banks and Petrobras. Braskem clarified that it is not involved in any negotiations concerning the sale of controlling interest and is unaware of the reported information, with both Novonor and Petrobras denying involvement in such discussions.

The most recent analyst rating on (BAK) stock is a Sell with a $2.50 price target. To see the full list of analyst forecasts on Braskem SA stock, see the BAK Stock Forecast page.

Spark’s Take on BAK Stock

According to Spark, TipRanks’ AI Analyst, BAK is a Underperform.

Braskem SA’s overall stock score is heavily impacted by its poor financial performance, characterized by declining profitability and high leverage. Technical indicators suggest bearish momentum, and valuation metrics are unfavorable with a negative P/E ratio and no dividend yield.

To see Spark’s full report on BAK stock, click here.

More about Braskem SA

Braskem S.A. is a major player in the petrochemical industry, primarily engaged in the production of thermoplastic resins. The company is headquartered in Camacari, Brazil, and operates with a significant focus on the global market for petrochemical products.

Average Trading Volume: 1,122,124

Technical Sentiment Signal: Sell

Current Market Cap: $1.07B

See more data about BAK stock on TipRanks’ Stock Analysis page.

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