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Two bidders for $2 billion stake in Colombia's Isagen

Wednesday, January 6, 2016

Canada's Brookfield Asset Management and Chile's Colbun will bid for the controlling stake in Colombian power generator Isagen at an auction on Jan. 13, the Colombian Finance Ministry said.

Consortiums controlled by the two companies confirmed their continued interest in the 57.6 percent stake in Isagen to authorities, the ministry said. The stake is valued at around $1.94 billion.

Source: Reuters