Brazil's OAS sells Invepar stake to Brookfield: Reuters

Brazil's OAS Investimentos SA, whose parent company is under creditor protection, agreed to sell a 24.4 percent stake in Invepar to Brookfield Asset Management, a source told Reuters, in a key step aimed at staving off bankruptcy. Creditors of the parent company approved the sale under the condition that Brookfield dropped a plan to extend a debtor-in-possession loan.

10 November 2015•2 mins read
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