Odebrecht completes monitorship and looks to future with new name

Odebrecht, the Brazilian construction giant that entered into a $3.5 billion global bribery resolution in December 2016 with authorities in the United States, Brazil, and Switzerland, announced the completion of independent external compliance monitoring. After having suffered economic and reputational damage, Odebrecht has also announced that is rebranding, with the new name “Novonor.”

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