Odebrecht’s woes said to hurt Chaglla sale

Odebrecht’s woes said to hurt Chaglla sale

Peru M&A

Investor interest in Odebrecht Peru's potential sale of the Chaglla hydropower facility has waned owing to its parent's internal troubles, two M&A sources told LatinFinance. Potential bidders interested in the management and operating contracts for Chaglla are concerned about the stability of the Brazilian parent company Odebrecht, an M&A banker said, after chief executive Marcelo Odebrecht stepped down earlier this month. He was arrested in June, in relation to the government-led Lava J

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