Thursday, 15 March 2018

UAE fund Mubadala in talks for Brazilian Odebrecht-run rail operator Supervia: sources | ZAWYA MENA Edition

UAE fund Mubadala in talks for Brazilian Odebrecht-run rail operator Supervia: sources | ZAWYA MENA Edition:

"United Arab Emirates' sovereign wealth fund Mubadala Development Co is keen to acquire a majority stake in Brazilian suburban rail operator Supervia, controlled by conglomerate Odebrecht SA, three sources with knowledge of the matter said. The sale is part of Brazilian conglomerate Odebrecht's divestitures of assets to repay debt in the wake of Brazil's widest-ever corruption scandal. According to one of the sources, who asked for anonymity because the person was not authorized to speak publicly on the matter, binding proposals have not yet been delivered."



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