Ecopetrol charts EEB sale

Ecopetrol charts EEB sale

Colombia Equity M&A

Ecopetrol is exploring the next phase of its divestment in Empresa de Energia de Bogota (EEB), offering some 278.23m shares in the local energy company. After completing share sales to specific investors, including employee pension funds and state-owned staff, the oil company is now offering the remaining stock to the general public. Ecopetrol said in a statement that the shares would be offered both locally and abroad in a bid to guarantee “wide publicity.” The central governme

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