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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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