Odebrecht Might Be Forced to Sell Braskem by First Half of 2018

M&A Reporting, CTFN

Jonathan Spitzer

M&A Reporting

CTFN

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<p>Troubled, family-owned Brazilian conglomerate Odebrecht, which is engulfed in the country’s largest corruption scandal, is looking to divest all of its assets except for petrochemical company Braskem and construction business Construtora Norberto Odebrecht, sources close to the company told CTFN.</p>

Troubled, family-owned Brazilian conglomerate Odebrecht, which is engulfed in the country’s largest corruption scandal, is looking to divest all of its assets except for petrochemical company Braskem and construction business Construtora Norberto Odebrecht, sources close to the company told CTFN.

Brazil Anti-Corruption Law Hinders Odebrecht Divestment Process

Petroleo Brasileiro

Brazil Anti-Corruption Law Hinders Odebrecht Divestment Process