March 15, 2019 |
Chilean family office Megeve could be eyeing an acquisition of Peruvian builder Graña y Montero, which is still struggling to recover from the Odebrecht corruption scandal.
"Chilean family offices, most likely Megeve, are looking at this company, whose market value has plunged since the Odebrecht investigation," said an M&A banker in Lima.
Graña y Montero has sold assets since it got caught up in the investigation into Odebrecht paying bribes to politicians. The Peruvian company was a part
Family office could view the Peruvian builder as an "opportunistic asset," source says