Panama Invites Tenders for $1.3 Million Stock Exchange Consultation
The contract is for consultancy services to assist in the selling of shareholder packages.
Wednesday, September 1, 2010
The Panamanian Public Services Authority (ASEP) is to contract stock exchange consultancy services to process the sale of the majority stockholding in the electrical distribution companies, METRO-OESTE, S.A., ELEKTRA NORESTE, S.A. and CHIRIQUÍ, S.A.
Banking and financial sectors have raised the need to devise a strategy to turn the country into an international financial center.
The process seeks to find providers to assist in the sale of stock packages.
Interbolsa’s assets, liabilities and contracts have been acquired by Bancolombia in order to ensure the stable operation of the public debt market and Colombia’s payment system.
The companies interested in participating asked the Public Utilities Authority to extend the deadline.
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