Enex plans international IPO

Enex plans international IPO

Corporate & Sovereign Strategy IPO Equity Capital Markets Oil Electricity Energy Andean Latin America South America Chile Paraguay United States United Kingdom

Quiñenco, a Chilean financial and industrial conglomerate, has entered into talks with investment banks to sell shares in its service stations unit Enex in an international IPO, helping to finance its expansion abroad and into green energy. Quiñenco CEO Francisco Pérez Mackenna announced the plans in a press conference on Thursday, saying the target for the IPO is the fourth quarter of this year, according to a transcript of his remarks. "The company did a restructuring in order to achieve this

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