CORFO considers asset sales

The Chilean economic development agency may sell its strategic stakes in the country’s top three water utilities to fund post-earthquake rebuilding.

Chile’s new right-wing government is considering selling much of its remaining interest in three of the country’s largest water utilities, in order to raise funds to rebuild infrastructure following the devastating earthquake earlier this year.

Analysts estimate the sale could raise between $1.0 and $1.5 billion, but emphasised that any deal is still at an early ...

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