Chile’s Entel Buys Cientec

Chile’s Entel Buys Cientec

Chile

Entel, the Chilean telecom, says it is acquiring Cientec for CLP15bn ($23m), or CLP49.2 per share in cash, from private investment funds Millenium and Inversiones Balilia, which held the asset since 2000. Cientec will be added to Entel’s IT divis

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