Braskem’s Mexico Unit Files for Chapter 11 Bankruptcy in US

Braskem’s Mexico Unit Files for Chapter 11 Bankruptcy in US

Mexico’s Braskem Idesa SAPI, a joint venture between Brazil’s Braskem SA and the conglomerate of Mexican tycoon Carlos Slim, has filed for bankruptcy protection as mounting financial strain and a worsening liquidity crunch weigh on the company.

Mexico’s Braskem Idesa SAPI, a joint venture between Brazil’s Braskem SA and the conglomerate of Mexican tycoon Carlos Slim, has filed for bankruptcy protection as mounting financial strain and a worsening liquidity crunch weigh on the company.
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Bloomberg — Markets (EN)




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