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Quinenco To Buy $320M Terpel Chile Ops

Quinenco is looking to acquire all of Terpel’s Chile operations for $320 million.

    Quinencois looking to acquire all ofTerpel’s Chile operations for $320 million,Reutersreports. Chilean industrial conglomerateCopecis planning to sell Terpel’s operations after having bought the Colombian company in December.

    Copec will gain $28 million before taxes, based on current worth. Terpel’s Chilean operations include 200 gas stations and 97 convenience stores.

    Click here for the story fromReuters.

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