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Odebrecht Unit Vows to Fight Sanctions Imposed by Mexico

The Mexican unit of Brazilian construction firm Odebrecht said on Monday it will fight the sanctions announced last week by the Mexican government, dismissing them as unfair and unjustified. Mexico banned federal institutions and state governments from doing business with Odebrecht for 2-1/2 years and fined two units of the companies around $30 million each. The government did not detail what was behind the decisions, but officials said they were related to probes into suspected...

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