Chile dismisses Codelco privatization

Chile dismisses Codelco privatization

Economy & Policy M&A Chile

The Chilean government said it does not intend to privatize the state-owned copper company Codelco, despite a call from some coalition members to sell state assets. "Responding to the declarations of some deputies who raised the idea of privatizing Codelco, I want to say emphatically that it is not part of the government's program," Mining Minister Baldo Prokurica said in a statement on Wednesday. A group of lawmakers from the right-wing Independent Democratic Union, or UDI, put forth plans to p

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial