Brookfield in talks to buy Odebrecht's Brazil toll roads: Reuters

Canada's Brookfield Asset Management is in talks with Odebrecht SA to buy seven Brazilian highways operated by the conglomerate's transportation unit, sources told Reuters. Brookfield and Odebrecht signed an exclusivity agreement to negotiate the acquisition. Odebrecht has rights to operate 1,712 kilometres of seven different highways in five Brazilian states. One of the largest is the Rota das Bandeiras, in Sao Paulo, Brazil's richest state. The source gave no details of the deal's value.

21 July 2017•1 min read
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