Suez To Sell Off Remaining Colbún Stock

Suez Energy Andino, the Chilean subsidiary of French utilities group Suez, is to offer the remaining stock that it holds in local power company Colbún on the Santiago Stock Exchange. Last week Suez sold a 9.5% stake in Colbún to industrial conglomerate Grupo Angelini for almost $223 million; it holds a further 9.5% of the company’s stock.