Honeywell Brazil oil unit’s Petrobras ties targeted by FCPA probe: filing

U.S. and Brazilian authorities are investigating whether Honeywell International Inc’s (HON.N) use of third parties in Brazil violated the U.S. Foreign Corrupt Practices Act, Honeywell said in a regulatory filing on Thursday.

The probes by the U.S. Department of Justice, Securities and Exchange Commission and Brazilian authorities involve third parties hired by Honeywell’s UOP oil and gas technology unit to work for Petrobras Brasileiro SA (PETR4.SA), Honeywell said.

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