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EXCLUSIVE: Novonor seeks partners ahead of listing in 2022

EXCLUSIVE: Novonor seeks partners ahead of listing in 2022

February 15, 2021 | Joe Rowley
Engineering conglomerate, formerly known as Odebrecht, could burnish governance credentials by selling a stake in construction business, say executives

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Novonor, the Brazilian engineering conglomerate formerly known as Odebrecht, plans to sell a minority stake in its construction business to burnish its governance credentials before listing shares as early as next year, company executives told LatinFinance. Odebrecht Engenharia & Construção (OEC) is holding preliminary discussions to find partners in certain sectors or geographies and plans to list shares on a stock exchange within the two years, chief financial officer Jayme Fonseca said in

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