UPDATE 1-Andrade Gutierrez says not selling Brazil CCR road stake

Resultado de imagem para andrade gutierrez imagens

Oct 19 (Reuters) – Brazilian construction group Andrade Gutierrez said on Monday that it has no intention of selling its stake in Brazil’s CCR SA, an operator of toll roads, as reported earlier by Estado de S.Paulo newspaper.

“The company denies that it has made any type of offer to market agents in relation to the sale of shares in the company (CCR) at any moment,” Andrade Gutierrez said in an e-mailed response to questions.

The company also said it was not contacted by the newspaper before publication, and that it only learned of the report after other news agencies contacted it about the Estado article. Estado said in its Monday edition that Andrade Gutierrez, struggling under the fallout of a corruption scandal at state-run oil company Petrobras, was selling its 17 percent stake in CCR SA.

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