Colbún eyes sale of power asset

Colbún eyes sale of power asset

M&A Electricity Chile Latin America

Chilean power utility company Colbún said its board of the directors has agreed to invite bidders to acquire its transmission assets or become a partner in the business. In an extraordinary meeting, the directors said they will take expressions of interest from companies with experience in power transmission, infrastructure or finance to become a strategic partner in Colbún Transmisión, buy a majority stake or purchase the entire division, according to a securities filing. The company said it ha

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