29 de abril de 2016 / 16:31 / en un año

Bogota city government seeks to sell controlling stake in ETB

BOGOTA, April 29 (Reuters) - The government of Colombia's capital Bogota will seek permission from the city council to sell its more than $600 million controlling stake in telecommunication company Empresa de Telecomunicaciones de Bogotá, the company said on Friday.

The city owns 3 billion shares in ETB, some 86.6 percent of the company. At current stock prices, the stake is worth around 1.87 trillion pesos ($648.8 million).

ETB shares were up 1.5 percent on Friday on the Colombian stock market to 609 pesos a share.

$1 = 2,885.72 Colombian pesos Reporting by Nelson Bocanegra,; Writing by Julia Symmes Cobb; Editing by Chizu Nomiyama

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below