Brazilian engineering firms Camargo Correa and Queiroz Galvao, along with Japanese shipbuilder IHI, are mulling a BRL 100m ($32.6m) contribution, according to Folha de Sao Paulo, a leading daily in the South American nation.
The report of the potential equity boost comes shortly after IHI prepared investors to write down a potential ¥5.3bn ($44m) loss on its investment in the Pernambuco state shipyard.
The
