Latin American Economy & Business - November 2016 (ISSN 1741-7430)

Brazil: Odebrecht on the cusp

Odebrecht, the giant construction and civil engineering company, is on the cusp of major changes. Deeply involved in Brazil’s Petrolão corruption scandal, it is currently negotiating what is described as the world’s biggest leniency deal. It is not just the survival of the heavily leveraged group that is at stake: there are also important implications for Brazilian politicians, for the country’s economic recovery, and for Peruvian gas pipelines, among other things.

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