Tuesday, November 5, 2024

Odebrecht in Talks to Sell Peru Pipeline to Brookfield

Posted by December 21, 2016

Brazilian construction conglomerate Odebrecht SA is in advanced talks on selling its majority stake in a $5 billion natural gas pipeline in Peru to Canada's Brookfield Asset Management Inc, Peru's finance minister said in a television interview.


The two companies and the government of Peruvian President Pedro Pablo Kuczynski reached a preliminary deal on Friday, Alfredo Thorne told local journalist Jaime Althaus in an interview on Canal N late on Tuesday.


Brookfield and Thorne did not immediately respond to requests for comment. Odebrecht said it was "still early" to comment.


(Reporting By Marco Aquino)

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