Brazil Braskem to Buy Dow's Polypropylene Business For $323M - Braskem (NYSE:BAK), Dow (NYSE:DOW)

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Braskem (NYSE: BAK) Brazil's largest chemical company, said in a regulatory filing on Wednesday that it would buy Dow Chemical's (NYSE: DOW) polypropylene business. The company will pay $323 million for the business, which is pending regulatory approval in the United States and Brazil.

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