Brazil's OAS creditors pass bankruptcy plan, Invepar deal: Reuters

Creditors of Grupo OAS, the Brazilian engineering business under creditor protection, agreed to sell a 24.4 percent stake in infrastructure company Invepar to Brookfield Asset Management for 1.35 billion reais (US$346 million), Reuters reported. The creditors agreed to sell the stake if Brookfield drops a plan to extend OAS a debtor-in-possession loan, a source said.

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