Up to $3,4 bn for 51,4% of shares in energy distributing company, ISA

The National Government has accepted the non-binding offer from the national oil company, Ecopetrol, to acquire 51.4% shares in the energy distribution company, ISA. However, Grupo Energía Bogotá (GEB) has reported that it would also present a non-binding offer. Either of the proposals is estimated to be worth up to $ 3,9 billion.

Source: La República