Braskem plunges after hiring advisors in bid to boost finances (BAK:NYSE)


Braskem factory in Bahia

Joa_Souza/iStock Unreleased via Getty Images

Braskem (NYSE:BAK) closed -14.7% in Friday’s trading to its lowest close since April 2003 after saying it hired financial and legal advisors to find ways to improve its capital structure, as it struggles with the effects of a



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