Copec Pursues Proenergia

Copec Pursues Proenergia

Chile Colombia M&A

Chilean energy company Copec says it has launched an offer to acquire 4.9% of Colombia's Proenergia Internacional for about $237m in cash. Copec already owns 47.2% of the target. On May 14, Copec acquired 100% of AEI, which gave it its stake in Proen

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