Brazil Braskem to Buy Dow's Polypropylene Business For $323M

by Benzinga Staff

July 27, 2011 2:28 PM | 16 seconds read | Make a Comment

Braskem

BAK

Brazil's largest chemical company, said in a regulatory filing on Wednesday that it would buy Dow Chemical's

DOW

polypropylene business. The company will pay $323 million for the business, which is pending regulatory approval in the United States and Brazil.

Posted In: News M&A Commodity Chemicals Diversified Chemicals Materials

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