Brazil's Braskem close to leniency deal in U.S., Brazil

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[December 02, 2016]  SAO PAULO (Reuters) - Brazil's petrochemical company Braskem SA <BRKM5.SA> said in a securities filing on Friday it was "in advanced talks" with authorities in Brazil and the United States related to a corruption investigation known as "Operation Carwash."
 

 

On Thursday, Braskem's parent Odebrecht SA [ODBES.UL], Latin America's largest engineering firm, signed a leniency deal with prosecutors in Brazil's biggest graft case.

(Reporting by Ana Mano. Editing by Jane Merriman)

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