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Article: Chile: Yaconi-Santa Cruz formed strategic alliance with.
- Article from:
- South American Business Information
- Article date:
- July 20, 2000
CopyrightCOPYRIGHT 2000 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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The Yaconi-Santa Cruz group formed a strategic alliance with Repsol-YPF in order to grow the LPG business in Chile, Peru and Bolivia. Due to the partnership, Yaconi-Santa Cruz sold a 45% stake in Lipigas to Repsol-YPF. The Lipigas group, created recently, will control in Chile gas distributors Codigas, Lipigas, Enagas and Agrogas. Market sourcessay that other assets may be also sold off, like Colbun's and Electroandina's. Yaconi-Santa Cruz has ...