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Panama Canal Expects Work Deal Thursday

The Panama Canal Authority expects to formally sign a deal next week with a Spanish-led consortium to finish work on expansion of the waterway after a dispute over cost overruns held up completion, an official said on Friday. "We expect that by Thursday we should be signing said document," Panama Canal Administrator Jorge Quijano told reporters a day after announcing a deal with the GUPC consortium, which is led by Spanish builder Sacyr and Italy's Salini Impregilo.