Brookfield withdraws bid for Brazil's Invepar stake: Reuters

Brookfield Asset Management has withdrawn an offer to buy the 24.4 percent stake in infrastructure company Invepar held by Brazil's Grupo OAS, Reuters reported. The deal was key to helping OAS emerge from bankruptcy protection proceedings. Brookfield had offered to pay about US$341 million for the Invepar stake and secured the right to outdo bids from any other interested party.

2 February 2016•2 mins read
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