Ultramar agrees sale of Neltume Ports stake to ATCO

Ultramar agrees sale of Neltume Ports stake to ATCO

ATCO has announced that it is entered into an agreement to acquire 40% of Neltume Ports, a leading port operator and developer in South America, for approximately CAD450 million (US$345.8 million). Neltume Ports, a subsidiary of Ultramar, operates in 16 port facilities and three stevedoring businesses primarily located in Chile and Uruguay. 

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