OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of January, 2014
(Commission File No. 1-14862 )
Camacari, Bahia - CEP 42810-000 Brazil
Form 20-F ___X___ Form 40-F ______
in paper as permitted by Regulation S-T Rule 101(b)(1). _____
in paper as permitted by Regulation S-T Rule 101(b)(7). _____
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ______ No ___X___
NOTICE TO THE MARKET
São Paulo, January 7, 2014 - Braskem S.A. (BM&FBovespa: BRKM5, BRKM3 and BRKM6; NYSE: BAK; LATIBEX: XBRK), in response to the letter BM&FBovespa GAE 0015-14, which requested clarifications regarding the article published in the January 6, 2014 edition of the newspaper Valor Econômico, entitled “Oferta da Braskem por Solvay é barrada” [“Braskem’s offer for Solvay barred”], informs that it became aware of the decision of the Comisión Nacional de Valores – CNV (the Securities Commission of Argentina) to reject the price of its Public Tender Offer (PTO) last Friday, January 3. The Company is currently in talks with CNV to understand the grounds on which it based its decision and to define the next steps in the process.
Note that while proposing the PTO amount to the non-controlling shareholders of Solvay Indupa, Braskem took into consideration two valuation processes conducted by independent appraisers and legal opinions, and that the price offered was calculated in accordance with the criteria laid down by the Capital Markets Law of Argentina.
Further information can be obtained from the Investor Relations Department through telephone +55 (11) 3576-9531 or email braskem-ri@braskem.com.br.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: January 7, 2014| BRASKEM S.A. | |||
| By: | /s/ Mário Augusto da Silva | ||
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| Name: | Mário Augusto da Silva | ||
| Title: | Chief Financial Officer | ||
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.