A far-reaching bribery scandal has shifted the landscape of M&A in Latin America. Now the sale of Peru’s Chaglla hydropower plant is in danger of collapsing.
Tag: OAS
Posted inMagazine
LatAm infra markets struggle to shake off corruption
Project finance in Latin America is having another tough year as the effects of the Odebrecht bribery scandal rattle the region. Now political uncertainty in major economies may limit deal flow even further
Posted inDaily Brief
Invepar confirms sale talks
Brazilian infrastructure investor says it has not yet reached an agreement with a buyer but continues to evaluate “liquidity alternatives”
Posted inDaily Brief
OAS loses BNDES funding for Argentine water project
Brazilian builder will now get financing from local sources, development bank says
Posted inDaily Brief
Brazil seizes Odebrecht, OAS assets
Federal audit court moves to recover money that Petrobras overpaid for projects at the Abreu e Lima Refinery
Posted inDaily Brief
OAS’ creditors to take Invepar stake
Other shareholders in the Brazilian infra investor declined to take the 24.5% share, leaving it to the creditors
Posted inDaily Brief
Pension funds could buy OAS’ stake in Invepar
Auction prospects look dim after Brookfield pulled its bid, sources say
Posted inDaily Brief
Brookfield pulls Invepar bid
Now that the Canadian asset manager has withdrawn its offer, OAS will not likely garner enough investor interest to auction its stake in the infrastructure firm, sources say
Posted inDaily Brief
Brookfield edges closer to OAS’ Invepar stake
Canadian asset manager says it would be “well positioned” to bid for infrastructure company once DIP loan is funded