Brazil's Odebrecht files for bankruptcy protection after years of graft probes

Brazilian conglomerate Odebrecht SA filed on Monday for bankruptcy protection, aiming to restructure 51 billion reais ($13 billion) of debt in what would be one of Latin America's largest-ever in-court debt restructurings.

from Reuters: Money News https://in.reuters.com/article/odebrecht-bankruptcy/brazils-odebrecht-files-for-bankruptcy-protection-after-years-of-graft-probes-idINKCN1TI2XB?feedType=RSS&feedName=businessNews