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Panama Canal says recovers $847 million after tribunal ruling

Wednesday, 13 March 2019 | 20:00

The Panama Canal Authority said in a statement that it had received $847 million which a tribunal had ordered a construction consortium to pay it back in a dispute over the waterway’s recent expansion.

The Miami-based tribunal’s ruling was directed at a group of companies including Spain’s Sacyr and Italy’s Salini Impregilo. The canal’s expansion was completed in 2016.
Source: Reuters (Reporting by Elida Moreno; Editing by Dave Graham)

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