Colombia To Create Giant Government Holding Company of 19 State Owned Enterprises

Colombia’s Ministry of Finance and Public Credit (Hacienda) announced that by November, Colombia will restructure its ownership of almost two dozen government-owned companies into a single entity with an expected value of $80 billion USD. 

The holding company would be comprised of 12 wholly owned government companies and the shares of another 7 that the Colombian government partially owns., Finance Colombia reports.

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