Petrobras Updates on Braskem Share Transaction
- Petrobras' Board met on February 11, 2026.
- The meeting discussed Braskem shares held by NSP Investimentos.
- Shares may transfer to Shine I FIDC.
- Petrobras will not exercise preemptive or tag along rights.
Board Meeting Overview
On February 11, 2026, Petrobras' Board of Directors convened to discuss a potential transaction involving Braskem S.A. shares. These shares are currently held by NSP Investimentos S.A., a subsidiary of Novonor.
Transaction Details
The proposed transaction involves transferring Braskem shares to Shine I Fundo de Investimento em Direitos Creditórios de Responsabilidade Limitada (FIDC). Petrobras has decided not to exercise its Preemptive Rights and Tag Along rights as outlined in the current Shareholders' Agreement of Braskem S.A.
Next Steps
The Executive Board has been authorized to take necessary measures to implement this decision, considering the ongoing negotiations. Petrobras will disclose relevant facts to the market as they become available, including the final terms of the transaction once received.
Source: Petrobras