Braskem Gains Ground as Novonor Moves Forward with Stake Sale Negotiations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 15 2025
0mins
Source: SeekingAlpha
Braskem's Stake Sale: Braskem's shares rose by 5.5% after Novonor announced an agreement to sell a controlling stake in the company to private equity firm IG4 Capital, which will share control with Petrobras.
Novonor's Retained Stake: Novonor will keep a 4% stake in Braskem, which was previously collateral for unpaid loans, and has a 60-day period to finalize the transaction.
Potential Benefits of New Ownership: The change in controlling shareholders could improve Braskem's outlook, as the company faces challenges with low petrochemical margins and liabilities from environmental damage in Maceio.
Market Context: The deal comes amid ongoing financial struggles for Braskem, highlighting the need for a strategic shift to enhance its operational stability and market position.
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Analyst Views on BAK
Wall Street analysts forecast BAK stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BAK is 3.05 USD with a low forecast of 2.80 USD and a high forecast of 3.30 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
0 Buy
1 Hold
1 Sell
Moderate Sell
Current: 3.740
Low
2.80
Averages
3.05
High
3.30
Current: 3.740
Low
2.80
Averages
3.05
High
3.30
About BAK
Braskem SA is a Brazil-based integrated petrochemical company for the first and second generation of thermoplastic resins. The Company's activities are divided into three operational segments: Brazil; the United States and Europe; and Mexico. The Brazil segment is focused on the production of polyethylene (PE), polypropylene (PP) and polyvinylchloride (PVC) resins, in addition to basic chemical inputs such as ethylene, propylene, butadiene, benzene, toluene, chlorine, soda, and solvents, among others. The United States and Europe segment is responsible for the production of polypropylene in units in the United States and Germany. The Mexico segment consists of the operation of ethylene cracker and polyethylene units located in Mexico.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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Qube Research Discloses 1% Stake in Bakkavor Group PLC
- Stake Disclosure: Qube Research & Technologies Limited disclosed a holding of 5,836,498 cash-settled derivatives in Bakkavor Group PLC, representing a 1% stake, indicating its investment interest in the company.
- Trading Details: In recent transactions, Qube increased its long positions through equity swaps at prices ranging from 230.50 to 233.50 pence per share, reflecting its positive outlook on Bakkavor's future performance.
- Regulatory Compliance: This disclosure adheres to Rule 8.3 of the Takeover Code, ensuring market transparency and demonstrating Qube's commitment to compliance and information disclosure.
- Market Impact: Qube's stake disclosure may influence Bakkavor's market performance, prompting investors to monitor subsequent stock price fluctuations and market reactions.
Continue Reading