LT Daily Bulletin
LT Daily
Banks are raising the heat on Brazilian conglomerate Odebrecht to put its house in order after months of treating the scandal-hit company with kid gloves because of fears its collapse could hurt their balance sheets, sources said. Odebrecht has agreed to accelerate asset sales as part of a deal with creditor banks to let the heavily indebted company keep $800 million from the divestiture of its wa…
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