Panama Tenders Securities Consulting for $ 2 Million
The process seeks to find providers to assist in the sale of stock packages.
Monday, January 24, 2011
The tender is for purchase of services to advise the National Authority of Public Services in the process of selling the majority share packages of electricity distribution company Metro-Oeste SA, Empresa de Distribución Eléctrica Chiriquí and Elektra Noreste SA.
The contract is for consultancy services to assist in the selling of shareholder packages.
The companies interested in participating asked the Public Utilities Authority to extend the deadline.
Panama's public services authority ASEP received 11 bids for advising in the sale of energy companies.
On April 19 the prequalification process will be held for companies interested in buying 51% of the shares of the electricity distribution companies in Panama.
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