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US Chemical Specialist Shops in Chile

Jun 20, 2012

US chemicals producer Air Products has agreed to acquire a 67.0% stake in Chilean industrial gas producer Indura for CLP451bn ($884m), it says. The transaction consists of CLP351bn in equity and CLP100bn in debt, and implies an enterprise value to Ebitda multiple of 13x,...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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