Friday, June 10, 2016

Odebrecht misses deadline to transfer Colombia project, fines to begin

BOGOTA, June 10 (Reuters) - Construction firm Odebrecht

has not yet found a company to take over a large

portion of its $849.7 million majority stake in a project to

make Colombia's Magdalena River more navigable and will now

begin paying fines for failing to start construction, the

government said on Friday.

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