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Brazil’s Odebrecht to sign leniency agreement this week with $2.1 billion fine

Brazilian engineering group Odebrecht SA is close to signing a leniency agreement with prosecutors in which it will agree to pay around 7 billion reais ($2.1 billion) in fines, the newspaper Valor Economico reported on Wednesday.

The agreement would allow the group’s companies to bid for new government contracts. The prosecutors’ office declined to comment. Odebrecht did not have an immediate comment.

(Reporting by Tatiana Bautzer, editing by Larry King)

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