Chile’s Aguas Nuevas Mulls Sale

Chilean water distribution company Aguas Nuevas is exploring the sale of 100% of its assets to Australia’s Challenger Management Services, the Chilean company says in a filing with the local regulator. The sale will include subsidiaries Aguas del Altiplano, Aguas Araucania and Aguas Magallanes, the company says. In 2007 Aguas Nuevas reported CLP16.23bn in profit.