Some 20% of the equity of the country’s leading state oil producer, Ecopetrol, will be listed. According to Bogotá stockbroker Suvalor this stock issue will be valued at $5 billion.
In addition, some 20% of the country’s leading state energy transmission company, Isagen, will be privatized, valued at $200 million (some 30% of Isagen’s equity has already been listed).
A programme undertaken by the Bogotá stock exchange, called Colombia Capital, is also helping several small companies to gear up to listing on the stock market for the first time. These include paper producer Carvargal, vegetable oil maker Alianza...
