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Article: Promigas to make public offer for Transmetano ESP.
- Article from:
- South American Business Information
- Article date:
- June 3, 2003
CopyrightCOPYRIGHT 2003 COMTEX News Network, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Colombia, Jun 2, 2003 (Portafolio/SABI via COMTEX)
The Barranquilla based Promigas company is looking to buy a larger share in the Transmetano ESP gas transportation company. The board of Promigas has decided to seek authorization from the Exchange authorities for this move, which will involve buying between 31% and 76.9% of Transmetano shares by means of a public offer. Promigas currently holds a 23% share of Transmetano, and its decision follows an expression of interest in ...