Inversiones Aguas Metropolitanas has sold a stake in the company to public and private investors
The private shareholders of Inversiones Aguas Metropolitanas (IAM) have sold a stake in the company to a group of public and private investors.
IAM holds 50.1% of the share capital of Aguas Andinas and its subsidiaries, the largest sanitation group in Chile and one of the largest private companies in the sector in Latin America. IAM’s sanitation subsidiaries provide the services of catchment of raw water, production, transportation and distribution of water, and the collection, treatment and final disposal of sewage, to a universe of approximately eight million people in the Metropolitan, De Los Lagos and De Los Ríos regions. Its concession areas in Chile’s central valley cover 71,000 hectares, and 13,000 hectares in the provinces of Valdivia, Ranco, Llanquihue, Chiloé and Palena in the south of the country.
Oaklins’ team in Chile advised the sellers in this transaction.
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