Units of Brazil's OAS file for bankruptcy protection amid scandal
SAO PAULO, March 31 (Reuters) - Grupo OAS filed for bankruptcy protection for nine of its units on Tuesday as the heavily indebted Brazilian engineering conglomerate struggles with an economic slowdown, government austerity, a slumping currency and corruption allegations.
Under terms of the petition, which OAS filed in a São Paulo state court, the company sought creditor protection for Construtora OAS SA, OAS SA, OAS Imóveis SA, SPE Gestão e Exploração de Arenas Multiuso, OAS Empreendimentos SA, OAS Infraestrutura SA, OAS Investments Ltd, OAS Investments GmbH e OAS Finance Ltd.
(Reporting by Guillermo Parra-Bernal; Editing by Leslie Adler)
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