Odebrecht in talks to sell Peru pipeline to Brookfield: Reuters

Brazilian construction conglomerate Odebrecht SA is in advanced talks on selling its majority stake in a US$5 billion natural gas pipeline project in Peru to Canada’s Brookfield Asset Management, Reuters reported, citing an interview with Peru’s finance minister. The two companies and the government of Peruvian President Pedro Pablo Kuczynski reached an agreement on Friday, Alfredo Thorne said. Techint Group would also join the pipeline project as a junior partner and would be tasked with pipeline construction.

21 December 2016•2 mins read
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