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Coalition cracks over sale of Colombia's Isagen

Thursday, January 7, 2016

Colombia’s Liberal Party has threatened to leave the coalition supporting President Juan Manuel Santos in Congress over a surprise announcement to proceed with selling the state’s majority share in Isagen, one of the country’s largest energy producers.

With Congress in recess, the Finance Minister on Monday announced that Canada’s Brookfield Asset Management and Chile’s Colbun will bid for the controlling stake in Isagen at an auction on January 13.

Source: Colombia Reports