Braskem S.a. · BMFBOVESPA:BRKM3
Braskem — Merger or Acquisition (December 2013)
8 slides from Braskem's merger presentation, December 2013
Slide 1: Solvay Indupa Acquisition
Solvay Indupa Acquisition Investor Relations – December 2013
Slide 2: Disclaimer on forward-looking statements
Disclaimer on forward-looking statements This presentation contains forward-looking statements. These forward-looking statements are not solely historical data, but rather reflect the targets and expectations of Braskem’s management. The terms “anticipate,” “believe,” “expect,” “foresee,” “intend,”
Slide 3: Transaction details
Transaction details Acquisition of Solvay Indupa On December 17, Braskem signed an agreement with Solvay Argentina for the acquisition of its stake in Solvay Indupa, corresponding to 70.59% of the total and voting capital, for the price of US$ 0.085/share The Acquisition price is based on the En
Slide 4: Assets to be acquired
Assets to be acquired Solvay S.A. Belgium 100% Solvay ANSES Free-Float Argentina S.A. 16.00% 70.59% 13.41% Argentina Solvay Indupa Acquisition by Albanesi S.A. S.A.I.C. of the 70.59% interest 42% 58% held by Solvay Argentina S.A. in Solvay 100% Indupa S.A.I.C. Solalban Energia S.A. Solvay Brazil d
Slide 5: Benefits and strategic drivers
Benefits and strategic drivers Acquisition of Solvay Indupa Leadership in PVC and Caustic Soda in the regional market and relevant position in the Americas Regional expansion of the industrial operation Assets in São Paulo are strategically located close to the largest consumer market in Brazi
Slide 6: Stronger presence in the region
Stronger presence in the region Ranking of PVC Capacity in the Americas (2013 capacity, kton) Braskem + Solvay Indupa #1 producer in LatAm #4 #7 #8 + Ranking of Caustic Soda Capacity in the Americas (2013 capacity, kton) #7 #8 #12 + Source: IHS 6
Slide 7: Braskem post-acquisition
Braskem post-acquisition Key Figures (2013 LTM* Pro-forma): 7% expansion in thermoplastic resin capacity Net Revenue R$40 billion (US$19 billion) EBITDA R$5 billion (US$2.4 billion) 8,220 Total Assets R$47 billion (US$21 billion) 7,680 1,250 1.250 710 *LTM: Oct/12 to Sep/13 3,025 3.025 3,025 3.025 k
Slide 8: Next steps / Conclusion
Next steps / Conclusion Next steps Assessment of the Acquisition by the Brazilian antitrust agency - CADE Submission to CNV (Argentina's securities commission) the request to register a Public Tender Offer for the acquisition of 121,829,696 shares, representing 29.41% of the capital of Solvay In