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Panama Keeps 49 Percent

By Sandy at 02/20/07 01:38

Suez, a French utility's energy unit has acquired fifty-one percent of the Panama based plant Bahia Las Minas Corp from the Ashmore Group. This in effect gives Suez controlling interest in the plant and leaves Panama government with only 49 percent.

Original source: Forbes.com. Suez unit buys 51 pct stake in Panama power plant from UK's Ashmore

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