Ecopetrol welcomes larger bid for remaining ISA shares

Ecopetrol welcomes larger bid for remaining ISA shares

Equity M&A

Ecopetrol has sold the last of its shares in local power distributor ISA, earning more than expected.The Colombian state-owned oil company raised COP137bn ($45.3m) from the sale of 13.6m shares in an auction on Wednesday, getting COP10,001 per share

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